FORECAST BY MARIUS GHISEA (June 1-5)

According to the daily chart, the EUR/CAD pair is still in uptrend above EMA50, in order to achieve 1.40 level for medium-long term. The MACD is also a confirmation for uptrend. 

EURCADdaily-page-001 

This pair is still in uptrend also according to 4-hour time frame. EMA200 and RSI above 50 indicate an uptrend for this pair until at least 1.3750 level where a new pattern can be formed.

EURCAD 4hour-page-001

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