EURCAD H1 Analysis

22 ביולי 2020

The EURCAD chart rejected once again the resistance level at around 1.55600. We could witness a downtrend in the upcoming hours, especially with the strengthening of CAD pairs against the others. Hence, the trade would be executed as follows:
EURCAD
SELL: 1.55500
SL: 1.55850
TP1: 1.55000
TP2: 1.54500