Consolidating Wednesday presents us with EUR/CAD

Hello Everyone,

It’s mid-week already, and this week had some great setups that did well at the beginning of the week, there are also some I am also observing.

Let’s hit the charts

 

 

1. EUR/CAD

Price on EUR/CAD on the 4 hours chart has been bouncing within a range (1.49816 – 1.50765)

This is another 50/50 trade.

A bearish breakout should take price to the next possible support level (1.49248) and a reversal should take price back to resistance level 1.50765.

You can check our Sunday analysis, there are some viable setups which may play out tomorrow.

Do have a pip-full day ahead.

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