EUR/CAD TECHNICAL ANALYSIS | MID TERM VIEW

2020-01-16 20:04:27



EUR/CAD:

• We are Short in EUR/CAD.

• Long Term Bearish Trend in EUR/CAD intact with major resistance at 1.48

• Short Term Trend in EUR/CAD is also bearish.

• Support Levels in EUR/CAD are 1.44 (Strong), 1.42 (Strong) and 1.40 (Very Strong)

• Resistance Levels in EUR/CAD are 1.47 (Strong), 1.485 (Very Strong) and 1.5 (Very Strong)

RECOMMENDATION

FOR TRADERS:

SHORT EUR/CAD around 1.4550 Take profit 1.40 stop loss 1.50 (Active in our portfolio)



Details of Analysis are published on official website of our company.
This is not a Financial Advice. Risk Disclaimer on company's website shall apply.

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