EURCAD approaching Buy Entry | 30th June 2021

EURCAD approaching Buy Entry | 30th June 2021 for OANDA:EURCAD by FXCM

EURCAD approaching Buy Entry | 30th June 2021

EUR/CAD OANDA:EURCAD



EURCAD is approaching Buy Entry, in line with 38.2% Fibonacci retracement , 61.8% Fibonacci extension , horizontal overlap support, and moving average support. We could see a bounce and further rise towards Take Profit level, in line with 127.2% Fibonacci extension and horizontal swing high resistance. Price is also holding above moving average, showing signs of bullish pressure.

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