EURCAD has been trading in bearish parallel channel with parallel support approaching. The indicators are also reached to base support zone. We are expecting bullish reversal from here. The confirmation will be a good bullish candle on the support zone.
Alternatively, breaking below the channel will bring more bears in the party.
Trade your levels accordingly.
Alternatively, breaking below the channel will bring more bears in the party.
Trade your levels accordingly.
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.
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.