EURCAD - Range Trade
EURCAD ranging between the 1.56300 - 1.55500 ranges since last Wednesday, tightening between the two trendlines highlighted.
Here we may have a simple range trade with an excellent R:R of 1:6+, if price may bear down from the descending trendline it is currently at, to meet the ascending.
Here we may have a simple range trade with an excellent R:R of 1:6+, if price may bear down from the descending trendline it is currently at, to meet the ascending.
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