EURCAD Buy Idea

٢٧ نوفمبر ٢٠٢٣

EURCAD is in a bullish market structure, from previous experience with EURCAD, is that most of the times it respects its zones, so what I’m expecting is for the higher low to bounce off the previous higher high and then form a new current higher high which it’s about to do because it is failing to break the structure and using Heiken achi candles it looks like it’s loosing a lot of volume. The rsi chart shows us that it’s going abit under-brought which means it’s leveled itself out and will continue up.