EUR/CAD facing bullish pressure, potential for further upside

analytics5eec34cc9d322.jpg

Trading Recommendation

Entry: 1.52195

Reason for Entry: horizontal swing low support, 78.6% fibonacci retracement

Take Profit: 1.53273

Reason for Take Profit: 100% fibonacci extension, horizontal pullback resistance, 61.8% fibonacci retracement

Stop Loss: 1.51718

Reason for Take Profit: horizontal swing low support, 76.4% fibonacci retracement

The material has been provided by InstaForex Company – www.instaforex.com

Source:: EUR/CAD facing bullish pressure, potential for further upside

About the Author
InstaForex brand was created in 2007 and at the moment it’s a top choice of more than 2,000,000 traders. More than 1,000 clients open accounts with InstaForex every day. All InstaForex clients get great opportunities for effective trading on the forex market, as well as on-time technical and customer support

Leave a Reply

*