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TheSignalyst

EURCAD Potential Bullish Movement

Long
Euro / Dollar Canadien (FX:EURCAD)  
TheSignalyst  
FX:EURCAD   Euro / Dollar Canadien
Trend Analysis Chart Patterns Technical Indicators EURCAD Oil CAD breakout Divergence roundnumber support
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trendanalysis chartpattern indicator eurcad oil cad breakout divergence roundnumber support
EURCAD Potential Bullish Movement

we are waiting for a momentum candle close above 1.530 to buy this one

Reason:
1- Divergence on MACD
2- Objective Trendline (in blue)
3- Support and Round Number from Daily 1.520 (in purple)

Three confluences are enough to consider Buying EURCAD, after a break below 1.530 (in gray)
This analysis is done using RichTL
www.RichTL.com

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