Nearing Strong Support Area
CAD is weakening with slightly disappointing numbers, released earlier this week. EUR was in general oversold, as I see it, yesterday. So on this pair we are nearing a strong support area. I hope it drops to 61.80%, which could result in a more explosive reverse price action. But worth paying attention to the 50% fib retrace and cluster of EMA's. Chikou looks like it's heading out of the clouds.
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