Here's my take on Eurcad
Looking for longs
The market is currently updating its swing highs and lows. The made fake break of the strong support on the 4H timeframe and divergence. I think if the price will continue updating swing highs and lows. It may go up to test the major resistance and even go to higher levels because of the market in the bullish trend on 4H. I expect to channel breakout and uptrend movement. My goal is the resistance zone at 1.48020
The market is currently updating its swing highs and lows. The made fake break of the strong support on the 4H timeframe and divergence. I think if the price will continue updating swing highs and lows. It may go up to test the major resistance and even go to higher levels because of the market in the bullish trend on 4H. I expect to channel breakout and uptrend movement. My goal is the resistance zone at 1.48020
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