Euro / Canadian Dollar
Long

DeGRAM | EURCAD price deceleration

858
EURCAD moveing in the descending channel. The maket has reached major support on the daily chart.

Price is decelerating at support, and it shows massive divergence on the 4-hourly chart.

We expect a breakout of the channel and a retest of the resistance.



-------------------

Share your opinion in the comments and support the idea with like. Thanks for your support!

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.