EURCAD: Massive Bearish Breakout Confirmed
EURCAD is experiencing strong bearish pressure.
First, the market broke through a solid rising trend line on the 4-hour chart.
Second, it also violated a significant horizontal demand zone.
These broken structures have created an expanding supply zone.
I anticipate a bearish movement toward 1.4948, which is the next horizontal support level.
First, the market broke through a solid rising trend line on the 4-hour chart.
Second, it also violated a significant horizontal demand zone.
These broken structures have created an expanding supply zone.
I anticipate a bearish movement toward 1.4948, which is the next horizontal support level.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.