EURCAD ANALYSIS: WATCH IT DROP
EURCAD is forming LLs and LHs within the market structure which then aligned with my method of approach to price action. Price reacted to the EMA with strong bearish price action. Price also tapped 1.4350 and since then on lower time frames we have been getting multiple confluences to our structure bias and fundamentals. Price has the potential to drop to 1.4180 as a target. Le t us see hoe price unfold.
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