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Euro currency has largely affected by it's own economic situation lately and it is expected to pull back soon and make some upward move over it's pairs. Canada has formed a nice downtrend off late with Euro and I expect that it will be broken soon upside. Please find my analysis on 4HR chart,
As this pair shows nice contraction in price movement, we can expect a upside breakout soon and take a bullish move. It is better to enter the trade at 1.4375 for a bullish move.
Happy trading!
As this pair shows nice contraction in price movement, we can expect a upside breakout soon and take a bullish move. It is better to enter the trade at 1.4375 for a bullish move.Happy trading!
