Euro / Canadian Dollar
Short

DeGRAM | EURCAD consolidation market

445
EURCAD is making lower highs and equal lows, and it's testing the resistance level.

Price action is consolidating at the psychological level of 1.47000, meaning bearish pressure on the support level.

We might see a sharp move down if the price breaks and closes below the support.



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

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.