The EUR/CAD Might bounce from the POC zone as we see extremely oversold conditions and the W L5/Historical H4 zonal support.
Bullish rejection from 1.4705-15 targets upper levels, primarily 1.4760. Super-Dot ™ is a CAMMACD trademark signal where the indicator calculates overbought/oversold conditions based on different algorithms including the ATR. If bullish momentum persists, the target is 1.4760-70 zone. Breakout above should target 1.4860-74. However, we might need to wait for bigger volatility before the higher targets are achieved. However, the loss of 1.4670 will apply new bearish pressure.
