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- Pattern Formed - Bullish Bat pattern
- Potential Reversal Zone (PRZ)- 1.4180
- EUR/CAD has completed Bullish Bat pattern around 1.4180 level. It is currently trading around 1.47256.
- The short term trend is slightly bullish as long as support 1.4180 holds.
- On the lower side minor support is around 1.4540 and any break below targets 1.4500/1.4388/1.43180.
- EUR/CAD resistance is around 1.4825 (200 day MA) and break above will take the pair till 1.4900/1.50290 level.
It is good to buy at dips around 1.4700 with SL around 1.4540 for the TP of 1.4825/1.50300
