The EURCAD pair has approached the lower range limit of 1.34 - 1.376, where it has been moving for the fourth month. Odds are good that this time the price will bounce up: a hammer has appeared on the chart, and the Stochastic indicator is already close to forming a buy signal.
The first growth target is the level of 1.36, then it is possible to continue the rise to the upper border of the flat at 1.376.
This content is for informational purposes only and is not intended to be investing advice.
