EUR/CAD retraced to the 0.312 fib level which is in confluence with the support of the neckline of the H&S formed on the trendline. This comes to confirm a bullish move to complete the pattern of the Impulse correction impulse. We expect this par to go even higher overtime. This is a 1/3.5 RR setup.
MACds are showing bullish environment so this is also another confirmation.
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MACds are showing bullish environment so this is also another confirmation.
If you enjoyed this analysis please like and share.
Trade safe !!
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