EURCAD Is Breaking The Trendline

١٦ مايو ٢٠٢٣

We covered EURCAD per request in our latest webinar here on trading view and mentioned that pair can be looking for a top after five waves up on a daily. So far, we can see nice reversal down on 4h as well, with five waves, with a current drop below the trendline support. As such, we think that more weakness can be seen within the current downtrend, especially after wave B rally.

GH