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17.05.202108:45 विदेशी मुद्रा विश्लेषण और समीक्षा: EURCAD reacting at ascending trendline support! Bounce incoming!

Exchange Rates 17.05.2021 analysis

EURCAD holding above ascending trendline support. With technical indicators showing room for further bullish momentum, a further push up above 1st support at 1.46985 towards 1st resistance at 1.47486 could be possible.

Trading Recommendation

Entry: 1.46985

Reason for Entry:

61.8% Fibonacci retracement, ascending trendline support

Take Profit: 1.47486

Reason for Take Profit:

100% Fibonacci extension

Stop Loss: 1.46695

Reason for Stop Loss:

Horizontal swing low support

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

Dean Leo,
InstaForex के विश्लेषणात्मक विशेषज्ञ
© 2007-2021
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