EURCAD ready to hit the bottom of its upward Channel

FX_IDC:EURCAD   Euro / Canadian Dollar
EURCAD has been moving in a wide channel since 2013 and its bottom channel (Turquoise line) has almost been reached now.

Definitely a pair to watch for either a Bounce or a Breakout.

If the bounce for trend continuation is confirmed, this should give us a niiiice movement potentially up to the upper channel.

The pair moves quite slowly so this is probably a strategy for long-term.

Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out