Euro / Canadian Dollar
Long

EURCAD Strong medium-term buy opportunity.

212
The EURCAD pair gave us an excellent sell signal last time (September 12, see chart below) that easily hit our 1.46550 Target:

EURCAD Sell continuation signal


This time we have a confirmed bottom just a week ago on the 0.786 Channel Fibonacci level, similar to the June 08 2023 bottom, both accompanied by a 1D MACD Bullish Cross.

As a result, we turn bullish on this pair targeting 1.5000, which is just below the 0.236 Channel Fib, similar to the July 18 2023 High.

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