EURCAD has been trading in bearish parallel channel from the start of this month. It has defined the bottom around 1.35900 where we witness consolidation. Recently price has broken the consolidation box and trading above it.
We remain watchful of the falling channel resistance zone and will be bullish if the price break and sustain above it.
We remain watchful of the falling channel resistance zone and will be bullish if the price break and sustain above it.
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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.