EURCAD Bullish
Updated
The pair broke the 1.4500 level than was then a level of supply/resistance and rallied for sometime and it has retested the zone turned into demand/support confluencing with the 61.8 FIB level and the upward trendline on the Daily and 4HR timeframe. Slowly as today ends, price further confirms potential bullish moves as it breaks above the downward channel and I anticipate some bullish moves for about 430 pips risking 100 pips.
Trade active
Price has picked up the direction towards our intended levels and so far has covered 120 pips in profits since the day we posted the idea. We move our Stop Loss into break even or else trail the profits by 50 pips
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