EURCAD : The pair has shown a great period of consolidation since August 2019 . But an overall downward movement can be identified since December 2017. Therefore a short option has a greater potential overall . Strong support levels was created during the period of consolidation.
These Support levels could turn into Resistance levels. The lower opening and break of the trendline indicates possible sell action.
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These Support levels could turn into Resistance levels. The lower opening and break of the trendline indicates possible sell action.
Please checkout my telegram page otforex to receive the full signal.