• EURCAD broke key resistance level 1.5660
• Likely to rise to 1.5745
EURCAD recently broke above the key resistance level 1.5660 (which reversed the price twice in October as can be seen from the daily EURCAD chart below).
The breakout of the resistance level 1.5660 coincided with the breakout of the 50% Fibonacci correction of the previous medium-term ABC correction (2) from July.
EURCAD is expected to rise further toward the next resistance level 1.5745 (monthly high from August and the target price for the termination of the active impulse wave 3).
US GDP growth is driven not by the White House, but by AI. The Bank…
The crypto market surges, hitting new highs, with bullish sentiment for Bitcoin and Ethereum amid…
Brent Crude oil ⬆️ Buy - Brent Crude oil rising inside impulse wave c -…
USDJPY ⬆️ Buy - USDJPY broke resistance area - Likely to rise to resistance level…
Exxon Mobil ⬆️ Buy - Exxon Mobil broke resistance level 125.60 - Likely to rise…
Brent Crude oil ⬆️ Buy - BNB broke out of sideways price range - Likely…
This website uses cookies