After a nice break above the psychologically significant 1.5 level and trend line resistance, EURCAD is poised to continue its upward momentum. Further, I don't see too much defense on the way up. The 1.518 level is lurking above (yellow ellipse) but we've already witnessed two previous drops from that level, all within 50 pips of each other. In other words, there...
Here I see an opportunity to go take a safe long position on the EURO CAD currency pair here a potential Target in mind. The specific coordinates are identified here on my chart. This should be a pretty easy target
