EUR/CAD,D1
Pivot: 1.4994
Analysis:
As long as price is above 1.4612 follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 1.4994
- Take Profit 1: 1.5100
- Take Profit 2: 1.5300
Alternative scenario:
If the level of 1.4612 is broken-down, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 1.4612
- Take profit 1: 1.4283
- Take profit 2: 1.4087
Comment:
RSI indicates the potential for growth in the medium term.
Key levels:
Resistance --- Support
1.5496 -------- 1.4612
1.5300 -------- 1.4283
1.5100 -------- 1.4087
USD/ZAR Forecast Fundamental Analysis | US Dollar / South African Rand
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