EURCAD forex forecast today

  • Aug 19 2022
  • by
  • Analyst AZA
EURCAD forex forecast today

EURCAD forex forecast today

The Euro was unable to maintain its course in the forex currency market. Quotes of the EURCAD currency pair are falling again. There is a flat support level ahead, which can stop the fall, but there are still 45 pips before it. Today's forex forecast is that the fall will continue.
The Forex trading recommendation, in this case, is to open a short position after the breakdown of the level of the nearest fractal. Although this is not the most traded currency pair, the price still allows forex traders to earn.

Symbol: EURCAD
Order Type: Pending Order - Sell Stop
Entry Price at 1.3045
Take Profit at 1.3000
Pips Earning: 45

Most traded currencies pairs:
EURUSD sell at the price of 1.0050
USDJPY buy at the price of 137.00
GBPUSD sell at the price of 1.1835
USDCHF buy at the price of 0.9595

The result of a trading recommendation.

forex trading recommendation

Daily forex forecast signals
The profit can be $354.33 if the trading volume of 100000 EUR (1 Lot).


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