Select Page

Overall Trend for EurCad is Bullish, sellers are trapped and we see market makers returning to the bullish trend. Market has formed a W at the bottom, now we wait for a break and retest of the 1.5655 level for further confirmation of a buy. The green lines represent the different TP zones at Fibonacci levels. SL is just below the last spike at the second leg of the W formation.

<a href=””></a> – 1hr Chart

Adhere to strict money management rules.