EURCAD Analysis:
EURCAD is moving towards the higher low area of an Ascending channel now, and the price came near to the previous old resistance which has chances to convert into a new support.
After the confirmation of upward movement, EURCAD buy signal was given.
EURCAD Update:
EURCAD has broken the bottom level of the Ascending channel in the 1-hour timeframe chart which leads to the SL price. Eurozone Debt crisis Fears due to Russian Gas block, Euro got weaker today against counter pairs.
Don’t trade all the time, trade forex only at the confirmed trade setups.
Get more confirmed trade setups here: forexgdp.com/forex-signals/
