As we said last week ...I expect a minor rejection up to the Fibonacci 618 area and ... UP AGAIN !!
THIS WEEK...EURCAD went down as I said before but closed below the Fibonacci 618 but above the trend line formed in recent years! I will look for BUY from the first part of the week even if it could go down to the Fibonacci 786 area and then..UP AGAIN! a close even for 1 day over the Fibonacci 618 level makes me BUY at least 100 pips!
NOTE: this pair may be influenced in the short term by any news GREAT ATTENTION: our analyzes have an accuracy of over 80% but due to market manipulations during this period we will avoid putting exact values on SL! we also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
and please don't forget ....This is just a trend analysis! Please, give a LIKE if you find this idea useful!* *This information is not a Financial Advice.
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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.