ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor EUR/CAD Long-Term Trend: Bullish
Key Resistance Levels: 1.47652, 1.47908, 1.48325
Key Support Levels: 1.47245, 1.46986, 1.46505
4-Hour Chart:
The price on the higher time frame has been in an uptrend recently after it tested a support level of 1.44853 and bounced back. The pair has broken a few resistance levels which suggests further trend continuation.
EUR/CAD Medium-Term Trend: Bullish
30-Minute Chart:
On the lower time frame, the pair is moving in the major trend’s direction. It broke a consolidation zone of 1.46505 and 1.46986 and has sustained above that. As of now the pair has broken and retested a minor level of 1.47245 before continuing the momentum.
Signal Idea:
Buy Stop Order @ 1.47398
TP @ 1.47611
Stop Loss @ 1.47185
Trade Safely 🙂
