Currently, EUR/CAD is trading at 1.5283 moving towards its resistance level . This week EUR/CAD started trading in downtrend and now moving towards its resistance level at 1.5383. If it breaks resistance level at 1.5383, the pair may come into uptrend and then next resistance level at 0.5766 will be the first target.
Do follow us for future Forex updates.
Thank you,
Rishikesh Lilawat
Rishikesh Lilawat has over seven years of experience in trading Forex and commodities markets, out of which three years in two investment banks as a professional Forex and commodities trader. He holds an M.B.A degree in finance and business analytics from the University of Pune. Realizing the central role of a trader and because of his personal and particular interest in trading, He built skills in market research, technical analysis, fundamental analysis, risk management, and fund management, etc and focus his efforts on communicating and sharing views on market trends and patterns.
