Trade Recommendation: EURCAD
The price bounces from SMA50 and RSI confirms price reversal. MACD histogram supports upward movement. DMI allows opening long trades. Pending orders for buy can be placed at 1.50300 level with stop orders at 1.49500 level. Profit targets are 1.51000 and 1.52000 levels. Don’t risk more than 3% from your deposit in this trade.
Profit Targets: 1.51000 and 1.52000
Disclaimer: The analyst does not have investments in EURCAD.