Description
⋅ EUR/CAD declined till 1.39838 after making a high of 1.4250. Overall trend is bullish as long as support 1.3980 holds.
On the downside any break below will take the pair to next target 1.3960/1.3900 level.
Extreme weakness can be seen below 1.3900.
The pair’s short term resistance is around 1.4076 and any break below will extend gains till 1.4130/1.4250 in short term.
It is good to buy at dips around 1.4040 with SL around 1.3980, TP of 1.4240.