EURCAD – Trading around an important level

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

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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 .