thread: EUR/CAD

Taking a short here

Here's my view on this pair.

Joyful Pipping!

Eur/Cad resistance can be found in 1.40 degree, and solid support amount at 1.38.

EURCAD trading in significant levels. Breaks could be decisive to ascertain near-term moves.

Long @ 1.4019

SL @ 1.3980
TP @ 1.4120

Kinda risky to go long but I like the TP SL ratio.

I think this pair may long.

I agree with you

ichimoku shows big movement on monthly chart

I believe this pair may long.

I would rather stay away at the present time.

IMHO, With the pair's capacity to break a year old horizontal mark, close 1.4490-4500, the 1.4640 might develop into an immediate test for the pair, opening doorways for 1.4740-50; however, a break above that is less probable and may pullback the pair involving 1.4330-20 support area. Consequently, it would be wise to take brief near 1.4600 zone.