Eurcad has been going down for a while. we can now expect a retracement to the 0.5 or 0.618 on the daily chart. Also, after the market gives a retracement to the o.5 or 0.618 we can expect a big short to the downside. Market has already broken resistance on 4h when the resistance turns into support I am buying eurcad. You can buy there too or use your own strategy for entry.
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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.