EURCAD: Important Breakout! 🇪🇺🇨🇦

Long

Euro / Dollaro canadese (OANDA:EURCAD)

OANDA:EURCAD Euro / Dollaro canadese

Parallel Channel Rectangle Elliott Wave EURCAD euro EUR CAD canadiandollar Forex forecast Contains image

parallelchannel rectangle elliottwaves eurcad euro eur cad canadiandollar forex forecast containsimage

snapshot

EURCAD was consolidating for 3 months on a weekly.
The price was coiling within a horizontal range.
Its upper boundary was broken last week, and a weekly candle closed above that.

Probabilities will be high, that a new bullish wave will initiate soon.

Next resistance - 1.5

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Idee correlate

about USDCAD 6

about XAUUSD 15

about EURCHF 6

about CHFJPY 2

about XAUUSD 13

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