EURCAD - Potential rejection of descending channel resistance 🔽
EURCAD bounced off the descending channel support as expected from my previous analysis.
Price is testing the descending channel resistance.
RSI is printing a bearish divergence signal.
Sell entry ⬇️ - breakdown below the previous swing low.
Target - descending channel support.
Price is testing the descending channel resistance.
RSI is printing a bearish divergence signal.
Sell entry ⬇️ - breakdown below the previous swing low.
Target - descending channel support.
