New Bullish update on EUR/CAD

アップデート済
The EURCAD is currently trending inside an ascending wedge pattern that technical traders take as a bearish reversal pattern.

However, the pair just hit an intraday demand area (bottom) which has been consistent for an immediate bullish push-back to touching the pre-existing supply zone (top).

The current triple bottom also indicated a divergence in price which technical traders could use in pushing the price a little bit up again.

Alternatively, a break below the demand area could initiate a further sell off towards Jan low at 1.4230.

Traders may keep a close eye on the EURCAD.
ノート
The result is out with the help of CAD Employment rate - EURCAD

スナップショット
Beyond Technical AnalysisCADChart PatternsEUREURCADeurcadlongTrend Analysis

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