Yesterday, the euro again bounced off 1.5120 support and tested 1.5160 resistance against the Canadian dollar before going back to support. The proximity to a strong resistance zone may become a reason to close long positions, amid which the pair could break support and decline toward 1.5080-1.5050. Passing 1.5140 will increase the chances of breaking 1.5160 and rising toward 1.5200.
Selling on Rise is advised with target of 1.49 and 1.48... Good Luck
Selling on Rise is advised with target of 1.49 and 1.48... Good Luck
Note
Running in 100 plus pips.....Trade closed: target reached
1.49 Hitted
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.