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