Hello traders, we want to check the EURCAD chart in the 1-hour time frame. The price has broken the descending channel upwards and then pulled back to the descending trend line and also the key level between 1.46700 and 1.46900. We expect the price to enter a trend. May it rise and move to the specified targets. Good luck.
EURCAD buy Entry : 1.46932
Stop : 1.46179 , Target1 : 1.47685 , Target2 : 1.48437
Risk/Reward Ratio : 2