EURCAD in evolving inside a daily ascending channel for months. At this moment the pair will probably reach this week the channel resistance in the area 1.5550-1.5600. It will be time to stop being long and start thinking about being short. We talk here about a very nice opportunity to make many pips with a very good risk reward.
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Entry at 1.5550
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Target at 1.5200
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Stop loss moved to entry point ar 1.5550. Hope you are all in this trade.