Based on my analysis and theory, I can see EUR / CAD price will go up to 1.548 area where resistance area is showing since RSI is currently oversold on 15min, 1H and 4H timeframe also there is support area too so i am pretty confident with this one. about 90 pips up for grab.
However price can still fall down to around 1.533 before going up to 1.548, I have already put my order in and will be looking to put second position on long at 1.548 if it come to this.
Trade at your own risk. if my analysis help you, give this one thumb up :)
However price can still fall down to around 1.533 before going up to 1.548, I have already put my order in and will be looking to put second position on long at 1.548 if it come to this.
Trade at your own risk. if my analysis help you, give this one thumb up :)
Yorum:
I have closed all my trades, Market is closing soon and i dont want to take the risk over the weekend and i can't see the price can go back up now .