At the beginning of September, EurCad broke under the rising trend line that kept the pair elevated for a year.
After touching and spiking under the important 1.4250 support zone, the pair started to reverse.
There is a high probability for this pair to start trading in a range and, considering the proximity of an important level of resistance, reversal could be next.
In conclusion, sales above 1.48 could present a good opportunity with great risk: reward
After touching and spiking under the important 1.4250 support zone, the pair started to reverse.
There is a high probability for this pair to start trading in a range and, considering the proximity of an important level of resistance, reversal could be next.
In conclusion, sales above 1.48 could present a good opportunity with great risk: reward
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Premium Contact:
t.me/IacobMihai