EURCAD : Long Trade , 4h

Hello traders, we want to check the EURCAD chart. The price has broken the ascending channel and is currently moving in a descending channel. The price has reached the indicated key level and we expect this level to stop the downward trend of the price. If the price cannot break this level downwards and break the descending channel upwards, our first target will be the price of 1.47000. Good luck.