Hello traders, EUR/CAD is trading at 1.4850. The Pair is trading in ascending resistance and support wedges from some time and the price just touched support level. As the price has touched support level it will give a small pull back and then it can come down to break the support level. If the price breaks the support level then its target price will be at 1.4721.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat