Greetings Forexia Family, hope you all had a great New Year Holiday, Lets get the trading started. EURCAD seems to give us a good trading opportunity. As i can see from the 1HR chart that the pair has formed the downtrend and support had been working as a resistance.
If we look at the 4HR time frame i can see that the pair has overall uptrend.
Thus, i believe the pair has more potentials to go up.
PLEASE USE THIS ANALYSIS AS A GUIDE TOOL FOR YOUR TRADING AND USE PROPER MONEY MANAGEMENT IN YOUR TRADING