Lingrid

EURCAD GROWTH from strong SUPPORT zone

FOREXCOM:EURCAD   유로 / 캐나다 달러
After falling from the strong resistance line in October 2013 from the point 1.519. the price came to a strong support zone at 1.468. This zone is formed at the intersection of two support lines. The youngest - September 2018 and the oldest - March 2015. Now the price is at the lower border of the zone and I expect it to rise. Thus, my final target is the resistance level of 1.490.

Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻

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