Hey Traders, our focus is on monitoring EURCAD for a potential selling opportunity within the 1.45000 zone. EURCAD is currently in a downtrend and appears to be consolidating while approaching a significant support and resistance zone at 1.45, which aligns with the major trend. Additionally, we should take into account the potential hawkishness of the Bank of Canada (BoC) when considering long positions on CAD.
Trade safe, Joe.
Trade safe, Joe.
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Free Telegram Group:
t.me/+MDJZTdS-Mw0xZTA0
The 1% Traders Club:
t.me/+C08gijSq2PMyZTVk
t.me/+MDJZTdS-Mw0xZTA0
The 1% Traders Club:
t.me/+C08gijSq2PMyZTVk
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.