Price has not corrected a bit and is trading at 1.5105. Main trend on the medium term remains bullish with major bull target at 1.56 and mid milestones at 1.53 and 1.54.
On the other hand, a continuation of the downward move could lead the price lower to levels around 1.45. If the pair breaches 1.48 we could see an attempt to go lower with major bear target at 1.4050.
Chart: EUR/CAD H4
I'll watch those levels, thank you.
ReplyDeleteVery detailed assessment as always.
ReplyDeleteTaking note of key levels to keep track and follow up.
ReplyDeleteLooks like it will keep pushing higher.
ReplyDeleteThat's good to know, thanks.
ReplyDeleteInteresting point.
ReplyDeleteHelpful article!
ReplyDelete