EURCAD Chart Technical Outlook

EURCAD Chart Technical Outlook moves higher in the counter-trend BC leg , We are seeing a move to the upside with levels close to the 78.6% Fibonacci finding buyers. Although this upside rally could be sustained, it is regarded as the BC leg in a large Butterfly formation. The system trade would be to buy on the completion of this pattern at 1.4387. Bespoke support is located at 1.4387.

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