EUR/CAD Long-Term Trend: Bullish
Key Resistance Levels: 1.43597, 1.44263, 1.44859
Key Support Levels: 1.41673, 1.41355, 1.41002
We saw a breach of the long term diagonal resistance line and fell back under it. I believe that was an initial test of the breakout and we may now begin to accumulate for another attempt.
EUR/CAD Medium-Term Trend: Bullish
We have seen what may be the first bullish impulse followed by a pull back. We are now trading what may be another local bottom, followed by a possible bullish extension.
Buy Market order @ 1.42028
TP 1 @ 1.43597
TP 2 @ 1.46169
Stop Loss @ 1.41008
Trade Safely 🙂