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EUR/CAD Potential Upward Movement

EUR/CAD Long-Term Trend: Bullish

Key Resistance Levels: 1.4277, 1.4339, 1.4398

Key Support Levels: 1.4153, 1.4087, 1.3957

Daily Chart:

The price on the higher time frame has reversed the direction after it found support at the 1.2987 level. The pair has broken a few resistance levels with good momentum and formed a higher high pattern which indicates a bullish bias.

EUR/CAD Medium-Term Trend: Bullish

1-Hour Chart:

On the lower time frame, the pair is moving in the major trend’s direction. It broke a consolidation zone of 1.3957 and 1.4087 and sustained above that. The pair has now broken and retested a minor level of 1.4153 before continuing the momentum.

Signal Idea:

Buy Stop Order @ 1.4201

TP 1 @ 1.4269

TP 2 @ 1.4371

Stop Loss @ 1.4133

Trade Safely 🙂

About Vipul Rathaur

A trader with more than six years of experience, Vipul is a discretionary trader and uses multi time frame analysis for his analysis and price action for his trade signals. Believes that risk management is the secret to making it in this world. He trades major Forex pairs, Indices, and Commodities.


  1. God bless you brother from south africa

  2. What happened to the Monday morning freebie went South instead

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