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EURCAD: Hang-over Wedge Breakout offers Two-way Ride.

Euro / Dolar Kanada (FX:EURCAD)  
Tradingwithtamil  
FX:EURCAD   Euro / Dolar Kanada
Trend Analysis Chart Patterns Wave Analysis free_forex_trading_strategy technical_chart_analysis best_forex_chart_analyst
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EURCAD casting the double side break-off pattern execution. On a daily closing, pair marking its presence in the downtrend. The slanting support break-out @1.51316 might offer instant halt zones for the price range, the 1.50500 & 1.50000 are attention seeking zones.

Meanwhile, the wedge breakout could tend a pullback action and reverse the price range from the current trend. Moreover, the resistance 1.53850 should have to disappoint buyers. In case, Successful trading beyond the 1.53850 would highlight the 1.54400, the 1.55000.

Have a look on the chart and Numbers, Plan your trades according to the numbers.

Hit like, comment and follow for more profitable trades.

Happy trading.

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Penafian

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