Buying EUR/CAD for a 55-pip trade: but why?

Currently inside a structure with this pair. As you can see, the resistance we had a couple of hours ago seems to turn now into a support.

Price is above all EMA's and managed to stay above the daily pivot level.

I am buying the pair @ market price and will target the top of the structure, around 1.55800 levels. A nice 55-pip trade!

Today I am taking advantage of EUR strength and CAD weakness.

Check out my past analysis to see the way I trade!

Trade at your own risk

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