NZD/CADLong
EURCAD POSSIBLE LONGS(SWING)
EURCAD has been trading in a descending channel for over 6 months and respecting the channel. It's almost at the bottom of the channel, in confluence with last year's (2022) August support. am expecting the price to go a little below the support and take out liquidity below touching the lower bottom of the channel also in confluence with the 50% fib level. lookout for rejections and reversal patterns at the support and break of the inner trendline with longs to the top of the channel or previous resistance.
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