EURCAD 100 pips movementIf you're anticipating a 100-pip bullish movement in the EUR/CAD currency pair over the next 1-5 days, here's how you might interpret and analyze that scenario:
1. Current Price Movement
You expect EUR/CAD to rise by 100 pips, which indicates a potential strengthening of the Euro against the Canadian Dollar.
For instance, if the current price is 1.5000, a 100-pip upward movement would bring the price to 1.5100.
2. Timeframe: 1-5 Days
A 1-5 day timeframe is relatively short-term, which means you're expecting this movement within a trading week. Here's how to approach this in terms of trading or analysis:
