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
Tags: EURCAD Analysis