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EURCAD TESTING THE SUPPORT ZONE

OANDA:EURCAD   Euro / Kanadischer Dollar
EurCad is currently testing the support region, this pair is currently trapped in a box-like consolidation and has shown some bullish rejections.

Breaking down the chart, we could carefully see a falling wedge pattern which indicates a bullish reversal and also adds to my assumption.

July 1st, we all saw a bullish movement on some EUR pairs despite the turmoil happening around Europe.

Buying from this current region will be a strategic and definite move since it is currently rejecting the falling wedge + box consolidation support zone.

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