EURCAD leaving “Planet Earth”?

The eurcad forex pair is testing it’s bullish breakout line at 1.55. A monthly candle close above that will give a 1.69 target. Here is the 10 year monthly candle chart.


The 5 year weekly candle chart show mor of the same.


A final zoom in on the 1 year daily candle chart. Price action inline with weekly and monthly time frames.


Hold on, wait till January’s close to see if signal validates. This forex pair ain’t leaving “Planet Earth” just yet!

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.