- EUR/CAD has made a low of 1.4540 yesterday and recovered from that level. It is currently trading at 1.4735
- The pair is facing strong trend line resistance around 1.4760 and any break above confirms short term bullishness, a jump till 1.4815/1.4895 is possible.
- On the downside minor support is around 1.4680 and any break below targets 1.4650/1.4600.
- Overall bullish invalidation only below 1.4540
It is good to buy only above 1.4760 with SL around 1.4680 for the TP of 1.4815/1.4880
The material has been provided by InstaForex Company – www.instaforex.com