EURCAD – Trading around an important level

Written by Raul Lopez on . Posted in Trades & Analysis.

The EURCAD is trading near a LT level around 1.4314, when looking at the short term charts, it looks like this:

I’m currently waiting for the EURCAD to break either side of the range. If it breaks 1.4366 for the upside, it will trigger a bullish condition and only long opportunities are in play. If it breaks 1.4376 down, it will be bearish and short opportunities are in play.

Trade Safe!

Raul Lopez
Forex Training

EURCAD Analysis

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .
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