Here we have a EURCAD long trade idea. If you like this idea please show your support!
This trade idea is based off the fact that the Euro (EUR) is reaching a monthly low since July 2020. We are expecting some strength as this is approaching a trendline & structure level at the lower end of the channel so we are expecting a reversal soon. However the Canadian Dollar (CAD) is also very weak pushing EURCAD higher.
Please trade with caution and make sure you set your stop losses! Happy Trading 😁