Monday 2nd of September, Daily Perspective EURCAD

Category: Fundamental News

INSTRUMENT: EURCAD

ANALYSIS: ANALYSIS:
On Daily chart, our forecast is bullish butterfly. Price is expecting to pull back from 1.47000/1.45340 region as a retracement which is wave (2), but if price break below the region it will continue bearish trend to complete bullish butterfly at 1.42230/1.38850 region which is still valid as wave (2).
A break below 1.37700 region will invalidate the analysis.

PREFERENCE: Bullish Butterfly.

Published: 2019-09-02 06:20:12