Monday, October 19, 2026

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EUR/CAD breaks minor trend line resistance, targets 1.4380

Trend reversal level- 1.4250 (trend line joining 1.4386 and 1.4280) The pair has broken trend line resistance 1.4250 and confirms short term bullishness , a jump till 1.4320/1.4380 is possible . On the downside minor sup…

By Lis Howell
1 min read
EUR/CAD breaks minor trend line resistance, targets 1.4380
Image from the original EconoTimes article

Trend reversal level- 1.4250 (trend line joining 1.4386 and 1.4280)

  • The pair has broken trend line resistance 1.4250 and confirms short term bullishness , a jump till 1.4320/1.4380 is possible .
     
  • On the downside minor support is around 1.4180 and break below targets 1.4140. Trend reversal only below 1.4140.

It is good to buy at dips around 1.4235 with SL around 1.4180 for the TP of 1.4320/1.4380

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By FxWirePro Team