EUR/CAD Technical Analysis! BUY!

٨ مايو ٢٠٢٣

My dear friends,
Please, find my technical outlook for EUR/CAD below:
The market is trading on 1.47094 pivot level.
Bias - Bullish

Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Target - 1.48507
Recommended Stop Loss - 1.46300

About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK