EURCAD is trading in a bearish parallel channel and has taken a support from the bottom of the channel. Currently its price has reached to first resistance zone, which has now become the support zone. It is testing the support area and we are expecting bulls to take over from here again.
To negate this view, the bears must push the price below the support area and price should be trading below it.
Trade your levels accordingly.
To negate this view, the bears must push the price below the support area and price should be trading below it.
Trade your levels accordingly.
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