The EURCAD shrinks its losses – Analysis – 7-4-2021
Economies.com
2021-04-07 05:14AM UTC
The EURCAD price ended its negative attack by facing the bearish channel’s support at 1.4725, to notice its rally to upside, decreasing its losses by reaching 1.4940.
Forming an extra support at 1.4780 level and the continuation of providing positive momentum by stochastic, makes us expect forming bullish waves to reach 1.4985 reaching 1.5090 in the upcoming period trading.
The expected trading range for today is between 1.4880 and 1.4985
The expected trend for today: Bullish.
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