EUR/CAD breaks minor support around 1.5070, targets 1.4940
EUR/CAD has broken minor trend line support 1.5070 (trend line joining 1.4873 and 1.5000) and slight decline till 1.4940/1.4830 is possible.
Intraday bullishness only above 1.5105 and any break above will take the pair till 1.5160.
On the downside minor support is around 1.5040 and any break below targets 1.5000/1.4940.
Bearish invalidation only above 1.5160.
It is good to sell on rallies around 1.5050-55 with SL around 1.5105 for the TP of 1.4960/1.4930
Intraday bullishness only above 1.5105 and any break above will take the pair till 1.5160.
On the downside minor support is around 1.5040 and any break below targets 1.5000/1.4940.
Bearish invalidation only above 1.5160.
It is good to sell on rallies around 1.5050-55 with SL around 1.5105 for the TP of 1.4960/1.4930
