VasilyTrader

EURCAD: Strong Bullish Confirmation 🇪🇺🇨🇦

Long
OANDA:EURCAD   Euro / Dollar Canadien

Update for EURCAD.
Earlier we spotted a confirmed bullish reversal on a daily time frame.

After a violation of a daily horizontal resistance, the price started to consolidate
with a bullish flag pattern on a 4H time frame.

The resistance of the flag was broken today with a high momentum bullish candle.

It is a strong bullish confirmation and it indicates that more growth is coming.

Next resistance - 1.4699

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