EUR/CAD falling inside minor corrective wave (ii)

EUR/CAD falling inside minor corrective wave (ii)

2019-11-11 • Updated

  • EUR/CAD falling inside minor corrective wave (ii)
  • Next sell target - 1.4960

EUR/CAD continues to fall inside the minor corrective wave (ii) – which started earlier from the strong resistance area lying between the resistance levels 1.5250 (which stopped the previous intermediate impulse wave (1) in June) and the upper daily Bollinger Band. EUR/CAD is expected to fall to the next sell target at the next support level 1.4960 (target price for the completion of the active wave (ii)).


EUR/USD Hit All Targets
EUR/USD Hit All Targets

4H Chart  Daily Chart  EURUSD managed to rise further on Friday inline with our expectations, reaching our entire targets mentioned in our previous notes at 1…

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