Look at a price action on EURCAD.
After a strong bearish movement, the price started to consolidate
within a horizontal parallel channel on an hourly time frame.
A breakout of the support of the channel is a strong bearish signal that
signifies, a highly probable bearish continuation.
Next support - 1.4902
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.