EUR/CAD to rise to 1.5257 in 8 days

EUR/CAD recently corrected up from the bottom of the daily Down Channel that was previously identified by Autochartist – as can be seen from the following trade alert for this pair. EUR/CAD is expected to break this Down Channel and then to reach target level 1.5257 (B) in 8 days. Autochartist set the stop-level for this forecast at 1.4227 (A). This point formed earlier – when EUR/CAD reversed up from the support area located between the support trendline from March of 2013, weekly lower



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