EURCAD is Bearish
Price was in an uptrend, however a bearish divergence seems to be playing out on 4H time frame as previous higher low is broken successfully. If the bears continue to maintain pressure then we can expect further slide in price action. Targets are mentioned on the chart.
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Disclaimer
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.