EUR/CAD is Forming a Falling Wedge Pattern
Deya Hroob This trade set up is based on daily chart. EUR/CAD is trading inside a falling wedge. It's a continuation pattern. The price now at the upper sloping line where you can also find the 20-day EMA. I will trade the breakout of the upper line with target 1.5700, thereafter 1.5790. It's a Fibonacci level. If the price breaks downwards, the trade set up will be invalid. Trade Wise and Good Luck,