As we showed last week, EURCAD rejected the Fibonacci Level 618 and raised 200 pips to restore the retracement movement! we expect it to rise to the 1.57700 area from where it will reject again to the middle of the trend channel ...
NOTE: this pair may be influenced in the short term by any news about the vaccine or Brexit! GREAT ATTENTION: our analyzes have an accuracy of over 80% but due to market manipulations during this period we will avoid putting exact values on SL! we also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
and please don't forget ....This is just a trend analysis! Please, give a LIKE if you find this idea useful!* *This information is not a Financial Advice.
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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.