EURCAD: Limited upside risk
The cross was rejected at 1.5370 the parallel resistance above this, we see levels between the 1.5460-1.5510 as likely to meet resistance, and we target a move towards 1.5150 in the first instance.
Noting that 50MA exists at 1.5380. Today's Canada Labor Force Survey is the risk event scheduled. http://www.keytomarkets.com/blog/blog/ktm-fx-friday-morning-fx-comments/
Noting that 50MA exists at 1.5380. Today's Canada Labor Force Survey is the risk event scheduled. http://www.keytomarkets.com/blog/blog/ktm-fx-friday-morning-fx-comments/
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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.