EURCAD (200 Pips)
This setup is in line with a classic trend continuation after a liquidity grab, signaling a strong probability for further downside. If there are no major fundamental factors to disrupt the trend, a 200-pip move towards 1.07700 seems reasonable. Be sure to monitor key support levels along the way and watch for any signs of reversal.
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Disclaimer
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.