Dear Sirs,
Just a quick analysis today on the eurcad.
Price is on the daily chart at support. Price seems confortable at this level now for quite some days.
If you think like a bull then you note that it will be necessary to wait for the stochastik to come back to the 20% level before going long as long at the level of support holds.
If it breaks while the oscilator comes around then any bullish trade idea is invalidaded.
But if a bull then we want to buy from support.
Thanks to all and BEST OF PIPS
One thought on “EURCAD at Support”
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Thank you for the analysis. I’ll keep on eye on that pair for the possible long opportunity.