FX.co - EUR/CAD facing bullish pressure, potential for further upside

2020-06-19T03:45:53

Relevance until2020-06-20

Trading Recommendation

Entry: 1.52195

Reason for Entry: horizontal swing low support, 78.6% fibonacci retracement

Take Profit: 1.53273

Reason for Take Profit: 100% fibonacci extension, horizontal pullback resistance, 61.8% fibonacci retracement

Stop Loss: 1.51718

Reason for Take Profit: horizontal swing low support, 76.4% fibonacci retracement

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Dean Leo

FX.co ★ EUR/CAD facing bullish pressure, potential for further upside