EURCAD Will Decline.
Carefully watching this pair which broke from a rising wedge and is about to retest the former support line turning resistance.
There is a convergence of two technical resistances at price 1.4757. This means that at this resistance confluence point, selling volume is likely strong and is a good price level to exit/sell your position.
My entry is : 1.4757
Take profit: 1.4628
Stop loss: 1.4800
R:R : 3.6.
There is a convergence of two technical resistances at price 1.4757. This means that at this resistance confluence point, selling volume is likely strong and is a good price level to exit/sell your position.
My entry is : 1.4757
Take profit: 1.4628
Stop loss: 1.4800
R:R : 3.6.
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