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EURCAD has broken through all levels and continues to rise
EURCAD has broken through all levels and continues to rise
We recommended buying the EURCAD currency pair yesterday. Our target was riched and the price went up much higher than we expected. The Euro is growing against many currencies and trends continue to accelerate. Now the price has approached the nearest resistance level of 1.5100, which may halt the price rise. We will open a position if this level is broken. We will set the Take Profit order just below the next resistance of 1.5170 at 1.5150 to exclude a price reversal in our trade.
Symbol: EURCAD
Order Type: Pending Order - Buy Stop
Entry Price at 1.5100
Take Profit at 1.5150
Pips Earning: 50
Forex trade strategy and trading signals for major currency pairs:
EURUSD sell at the price of 1.1675
USDJPY sell at the price of 109.45
GBPUSD sell at the price of 1.3600
USDCHF sell at the price of 0.9150
The profit can be $393.70 if the trading volume of 100000 EUR (1 Lot).
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