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Euro / Dollaro canadese
Short

EURCAD, a change of trend??

Di DontStopTrading
EURCAD was consolidating between 1.4650 & 1.48. Yesterday this pair broke from the consolidation stage with a big bullish engulfing candle which leaves more room to the upside. This pair clearly broke above daily trendline which gives us another signal that it may rise for a while. However, I will be expecting a bounce near the supply area 1.50 that i've pointed. My bias is bullish until it breaks any uptrend structure in lower timeframe.
Chart PatternseurcadanalysiseurcadforcasteurcadsetupeurcadsignalTechnical IndicatorsTrend Analysis
DontStopTrading

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