EURCAD D1 12 02 2019 1455

The EUR/CAD pair might rise in the medium-long term. The price is near EMA 100 on the daily chart, and it has already reached EMA 20 and EMA 50. A potential long-term target is 1.5026, where is Fibo 50%.
The RSI oscillator on the weekly chart is above 50, and the price is near EMA 20. The price might reach 1.4925, where is EMA 100. An uptrend pattern is formed on the stochastic oscillator, and it is in the progress of getting completed.

EURCAD W1 12 02 2019 1453

 

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