We have been in a descending channel.
Another key level which bought a previous low has been broken when the breaker was broken, i anticipate a false breakout to the topside into the supply zone before price reacts and dumps down, ranges and drops to the down side, faking out and hunting liquidity in the demand zone from July 2020
Another key level which bought a previous low has been broken when the breaker was broken, i anticipate a false breakout to the topside into the supply zone before price reacts and dumps down, ranges and drops to the down side, faking out and hunting liquidity in the demand zone from July 2020
Comment:
Eurcad is in the high end of its 52 week range.