Buy EUR/CAD at 200 Daily Moving Average.Euro/Canadian DollarFX:EURCADForexExpats1I published this same trade 2 weeks ago but cancelled it due to the weekend. Now I believe it's a valid trade again. The Euro in general has been very quiet for a nearly a month now and EUR/CAD price action for the last few months has been sideways waiting for direction. The 200 Daily Moving Average is very close now and is usually a good indicator for longer term trends. I am hoping for a spike into this level and then the bullish trend to continue. There is also a descending trendline as support so any bearish movement should be short lived. Profit is just before resistance and previous minor highs around 1.6350. Buy Limit : 1.6076 200 Daily Moving Average Stop : 1.5988 under 23.6% Daily Fib Profit : 1.6340 before strong resistance Risk 2 : 6 / stop is 88 pips