GemtradesFX

EURCAD potential BUY

Long
OANDA:EURCAD   Euro / Canadian Dollar
Daily - Expecting a pullback to the most recent area of support, which also lines up with the 50ema. We have seen several rejections of the descending trendline and the most recent resistance area .

4HR - If we drop down to the 4hr we can see that price broke the ascending trendline, if we get the pull back expected, and a retest of the descending trendline, I would be looking to go long on this.

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