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FxWirePro: EUR/CAD trades in narrow range, good to buy at dips

The pair has made a high of 1.4350 and declined till 1.4230 from that level. It is currently trading around 1.4280 On the downside minor support is around 1.4230 and break below targets 1.4180/1.4140 level. Overall trend…

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FxWirePro: EUR/CAD trades in narrow range, good to buy at dips
Image from the original EconoTimes article

The pair has made a high of 1.4350 and declined till 1.4230 from that level. It is currently trading around 1.4280

  • On the downside minor support is around 1.4230 and break below targets 1.4180/1.4140 level. 
     
  • Overall trend is still bullish as long as support 1.4180.
  • The pair's minor resistance is around 1.4380 and break above targets 1.4425/1.4450 level.


It is good to buy at dips around 1.4275-80 with SL around 1.4230 for the TP of 1.4370/1.4425

 

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