Mohammad-Hossein-Bari

Mohammad-Hossein-Bari

Due to the upward trend of oil and due to the strong correlation (correlation) of the Canadian dollar, we see the EURCAD pair in a downward channel in the daily time, and given the relative superiority of traders in the chart, the probability that the EUR will move up to the support level The decline is not far off.

Mohammad-Hossein-Bari

Power at the seller and the price reaction to the channel ceiling

Mohammad-Hossein-Bari

The strength of the sellers and the opening of the Bollinger Band opener indicates a fall

Mohammad-Hossein-Bari

* The price is in the uptrend channel. * The price is attached to the upper band of the Bollinger Band. * Power is in the hands of buyers. * As a result, we expect price growth.