EUR/CAD Chart 12-10-2014

The EUR/CAD chart is shown below, this is the W1 time frame. We are looking for this pair to form a new trend on the W1 time frame in the next few days. Look for any strong buy signals on The Forex Heatmap® on this pair going forward. This pair is somewhat choppy now on the smaller time frames, but if the trend forms the overall potential is excellent. Current pricing is around 1.4280, and the upside potential is up to the 1.5400 area, so over 1100 pips is possible. Excellent money management ratio on any buy signals.

EUR/CAD Chart 12-10-2014

EUR/CAD Chart 12-10-2014

Comments are closed.