Thursday, October 15, 2026

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EUR/CAD faces strong resistance around 1.4580, break above targets 1.4725

Pattern formed -Cup and handle Potential Reversal Zone (PRZ) - 1.4580 Any break above 1.4580 will take the pair to next level to 1.4625/1.4680/1.4730. On the downside minor support is around 1.4550 and break below target…

By Lis Howell
1 min read
EUR/CAD faces strong resistance around 1.4580, break above targets 1.4725
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Pattern formed -Cup and handle

Potential Reversal Zone (PRZ) - 1.4580

  • Any break above 1.4580 will take the pair to next level to 1.4625/1.4680/1.4730.
     
  • On the downside minor support is around 1.4550 and break below targets 1.4520/1.4500/1.4450 level.

It is good to buy only above 1.4580 with SL around 1.4540 for the TP of 1.4680/1.4730

 

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By FxWirePro Team