EURCAD is eyeing 4250 region. Potential pullback to historical buyers, near term breakout point and 61.8 fib could gives us chance for another long trade (4150 zone). We can also see a steep trendline which marks strong uptrend. EURCAD shows strength is near term momentum but as every other proper trend trade a proper pullback is needed.
The analysis and the article presents Nenad's opinion. Remember, financial trading is highly speculative & may lead to the loss of your funds. Proper risk management is the Holy Grail of trading.
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