EUR CAD is going to break through its past support soon but before it does I believe it will have one last push. The support has been respected multiple times in the past and it will again. I would not try to long this trade for too long because you should be ready to short at some point with this currency pair.
Now is a great time to enter the trade but try taking out profit from 0.3-0.5%. As soon as this trade gets closer to the red trend line be ready to short and gain a solid amount of profit.
Right now is a risk to try to long it but it is your choice. But if you do manage your money properly and don't go all in on this currency pair yet.
~JS
Now is a great time to enter the trade but try taking out profit from 0.3-0.5%. As soon as this trade gets closer to the red trend line be ready to short and gain a solid amount of profit.
Right now is a risk to try to long it but it is your choice. But if you do manage your money properly and don't go all in on this currency pair yet.
~JS