EUR_CAD IS TRADING IN A CHANNEL, FACES HORIZONTAL RESISTANCE.
(1) The pair modestly bullish, after breakout from downward channel
(2) Horizontal resistance seems to be well respected
(3) Good chance it might sink to retest channel support.
(4) IF breaks out higher-wait for confirmation.
(next upward resistance is R2 of a channel)
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✅ FREE Telegram channel: t.me/prosignalsfxx
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✅ For VIP SIGNALS contact: t.me/prosignalsfx_contact
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✅ My Website: prosignalsfx.eu/
✅ For VIP SIGNALS contact: t.me/prosignalsfx_contact
✅ RELIABLE BROKER: prosignalsfx.eu/trustedbroker
Related publications
Disclaimer
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.