EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/CAD rising inside minor impulse wave 3
2019-11-11 • Updated
- EUR/CAD rising inside minor impulse wave 3
- Next buy target - 1.5340
EUR/CAD continues to rise inside the minor impulse wave 3 which started previously with the daily Hammer from the support zone located between the support level 1.4960 (low of the previous minor correction (ii)), lower daily Bollinger Band and the 50% Fibonacci correction of the previous impulse wave 1. EUR/CAD is expected to rise toward the next buy target at the next resistance level 1.5340 (top of the previous minor impulse wave 1).
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...
Bearish scenario: Sell below 2200 / 2194 ... Nearest bullish scenario: Buy above 2197... Bullish scenario after retracement: Consider buys around each indicated demand zone