For more than two and a half months EurCad is trading in a 300 pips range, with a support at 1.51 and a resistance at 1.54 zone.
Now the pair seems to build upside momentum and a break looks imminent.
In this eventuality, EurCad could and should accelerate up and the target could be 1.58 in the medium term.
In my opinion, dips should be bought
Now the pair seems to build upside momentum and a break looks imminent.
In this eventuality, EurCad could and should accelerate up and the target could be 1.58 in the medium term.
In my opinion, dips should be bought
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