EUR/CAD Analysis, Chart, and Trading Idea
Analytics for EUR/CAD Forex pair, based on complex analysis of modified waves, Fibonacci levels and price channels
The support level of 1.4628 curbs the buyers. The overall trend is upward. The descending wave structure is truncated. There is a bullish divergence on the Awesome Oscillator.
Buy at the formation of the ascending structure, when the (A) wave breaches the sloping channel of the descending truncated structure
Stop-Loss: 1.4628
Target price levels: 1.4750, 1.5000