Euro / Canadian Dollar
Long

EURCAD ready GROW after fall

868
Since October 22, we have seen the price return to the Wedge pattern and gradually reduce the volume of movements.

EURCAD ready to GROW


As I said in my past analysis. The price broke through the support line and fixed on it. After it price touch the resistance line and return to level.

EURCAD fixed on SUPPORT line


The price entered the wedge pattern in July and is now very close to crossing the lines. We see that its rise and fall are becoming minimal.

snapshot

Now we see that the price dropped to a minimum beyond the resistance level.
I think that it will fall even lower and stop only at the support line. Then it will start to grow.

Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩‍💻

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