EURCAD broke out of the daily zone of consolidation with a lot of buying pressure but the one thing is that for it to breakout of a very important zone there is surely going to be a retest back to the daily support zone.. If we see a bearish rotation on the consolidation then the breakout is not certain
. But if it breaks out of the consolidation then we are going to the retest zone downwards
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.