I think that this is what will happen to EUR/CAD. It could bounce up further finding resistance at the previous resistance but could also be forming a new support and resistance from the break low. Resistance could be current price. I think that this is the case for this weeks open.
Watch for the price to decide direction then make your play responsibly.
Watch for the price to decide direction then make your play responsibly.
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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.