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EUR/CAD Trading Analysis (28/03/2024)

28.03.2024

Market Review

The trend is ascending. The downward truncated wave structure finished with the breach of the sloping channel. The entry point at the pullback B and C. The Stochastic Oscillator signals the overbought state.

EUR/CAD price chart

Trading idea:

Buy at the breach of 1.46986

Stop-Loss at 1.46760.

Target price levels at 1.47330 and 1.47600.

#eurcad #forex #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
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