EURCAD: Strong Demand Zone

EURCAD has been printing higher highs and higher lows
For some time now
As you can see, the price is in a very strong demand zone
Which also aligns with the 38.2% fib level and the 200MA
The RSI indicator is also approaching the oversold territory
I believe we would see a bullish move to the upside
Technical IndicatorsTrend Analysis

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