EUR/CAD chart - Trading View
- EUR/CAD breaks into daily cloud, tests 200-DMA resistance, bias higher.
- Growing risk-on sentiment amid optimism surrounding Brexit supports the single currency.
- Technical indicators are bullishly aligned. RSI is above 50 and sharply higher.
- Breakout at 200-DMA will see test of 50% Fib at 1.5258. Breakout above cloud will see further gains.
- On the flipside, 21-EMA is strong support (currently at 1.5067). Break below will see weakness.
Support levels - 1.5103 (110-EMA), 1.5079 (55-EMA), 1.5067 (21-EMA)
Resistance levels - 1.5136 (200-DMA), 1.5168 (38.2% Fib), 1.52, 1.5258 (50% Fib)
Recommendation: Good to go long on breakout at 200-DMA, SL: 1.5065, TP: 1.5165/ 1.52/ 1.5255.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD stuck in range but outlook is bullish
Geopolitical Easing Fuels AUDJPY Rally Toward 115 — Buy Dips at 113
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro- Major Pair levels and bias summary
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro: USD/ZAR edges higher, set to stay on back foot
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent?
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200 



