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EUR/CAD Potential Upward Movement

EUR/CAD Long-Term Trend: Bullish

Key Resistance Levels: 1.4531, 1.4569, 1.4610

Key Support Levels: 1.4402, 1.4357, 1.4284

Daily Chart:

The price on the higher time frame has been in an uptrend for some time after it broke the 1.3764 level. Recently the pair has done a pullback and found support at the 1.4340 level and bounced back after testing that level which suggests trend continuation. 

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 has shown good momentum after finding support at the 1.4284 level. The price has broken the 1.4357 level and sustained above that. As of now the pair has broken and retested a minor level of 1.4447 before continuing the momentum. 

Signal Idea:

Buy Stop Order @ 1.4473

TP 1 @ 1.4523

TP 2 @ 1.4573

Stop Loss @ 1.4423

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. After news spike this trade went to it’s direction. It seems we need to be careful for newsevent.

  2. I don’t have a PayPal and stripe is not available in Vietnam. Can I pay with crypto?

  3. Should we hold the trade or cancel? It still never trigger buy stop order Thank you

  4. Should we hold the trade or cancel? It still never trigger buy stop order

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