Good Afternoon Traders,
The EURCAD has been bouncing off a support around 1.5230
Hidden Bullish Divergence has formed on the 12H MACD/Price Chart and the MACD has moved quite far from the zero-line.
I expect the price to continue its trend upwards in the coming days.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*
The EURCAD has been bouncing off a support around 1.5230
Hidden Bullish Divergence has formed on the 12H MACD/Price Chart and the MACD has moved quite far from the zero-line.
I expect the price to continue its trend upwards in the coming days.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*