Euro has lost value against the Canadian Dollar over the last couple of months in the course of a longer correction. But tough times never last, only tough people last! So, we patiently waited and still need to wait a little longer, as we are not quite within the designated trading zone, which is indicated as the yellow box above 1.48593 CAD. Once we dip into this area, we expect a turnaround. What is important, however, is that we do not fall below 1.48593 CAD.
Good times coming, stay trading!
Good times coming, stay trading!
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.