Sat, Oct 23, 2021 @ 02:49 GMT
HomeContributorsTechnical AnalysisEUR/CAD Price Action Is Suggesting The Range Bound Movement

EUR/CAD Price Action Is Suggesting The Range Bound Movement

The EUR/CAD could make a move from point A to point B.

1.5020 is the rejection level. The market looks bearish but watch for a possible bounce at the point B. Point B is M L3 and trend line confluence. 1.4770. If the price gets to the zone, we might see a move up. As long as the range 1.5020-1.4770 holds, the market is not having any trend. Trades might be placed around those levels until the breakout happens.

Elite CurrenSea
Elite CurrenSea Accessible Forex Trading Systems & Education With over 30 years of combined trading experience, we design, test, and provide successful Forex, CFDs & Crypto trading systems and solutions for retail and institutional traders alike.

Featured Analysis

Learn Forex Trading