EUR CAD Long

Potential Long Oppurtunity

Falling wedge pattern has been formed. price has yet to breach wedge resistance.

Price is also at structural resistance as well and is testing it with little rejection

RSI is breaching resistance as well. It appears it will break RSI resistance, which if broken, will be RSI support

MACD has crossed

Stochastics has crossed from oversold conditions

We have a bullish bias on daily time frame. Large bullish engulfing candleEURCAD


Target- 1.5322