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Forex48_TradingAcademy
Jul 24, 2023 4:18 PM

EUR/CAD BULLISH TRADE - TRADE IDEA H1 Long

EUR/CADOANDA

Description

On EUR/CAD, we have a bearish setup following the PMI data in the Eurozone. The market is approaching the level of 1.4570, where we have a Forex48 block, indicating a potential reversal zone. If we receive valid confirmations on the M15 timeframe, a long position could be considered with a target at 1.47, aiming to capitalize on the inefficiency created by today's news. Best regards and happy trading from Nicola, CEO of Forex48 Trading Academy.
Comments
Forex48_TradingAcademy
Hi Traders! What do you think about EUR/CAD?
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