EURCAD broke major uptrendline
Price is based below HVN at level 1.5635 which indicates that pair is in distribution phase
Price is based below key level at 1.5650
Below SMA 100
MACD shows weakness in bullish momentum
It's expected forming Elliot wave (5) to target support level at 1.5392
Price is based below HVN at level 1.5635 which indicates that pair is in distribution phase
Price is based below key level at 1.5650
Below SMA 100
MACD shows weakness in bullish momentum
It's expected forming Elliot wave (5) to target support level at 1.5392
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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.