The EURCAD pair had been consistently increasing within a rising parallel channel for the past three weeks. However, it recently hit a crucial daily resistance level and began to face strong selling pressure.
As a result, the price broke below the support of the channel, indicating a potential bearish trend continuation. The next support levels to watch for are at 1.4637.
As a result, the price broke below the support of the channel, indicating a potential bearish trend continuation. The next support levels to watch for are at 1.4637.
Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999