EURCAD TESTING THE SUPPORT ZONE
EurCad is currently testing the support region, this pair is currently trapped in a box-like consolidation and has shown some bullish rejections.
Breaking down the chart, we could carefully see a falling wedge pattern which indicates a bullish reversal and also adds to my assumption.
July 1st, we all saw a bullish movement on some EUR pairs despite the turmoil happening around Europe.
Buying from this current region will be a strategic and definite move since it is currently rejecting the falling wedge + box consolidation support zone.
What is your prediction? any comment? please do leave below and follow for more.
Breaking down the chart, we could carefully see a falling wedge pattern which indicates a bullish reversal and also adds to my assumption.
July 1st, we all saw a bullish movement on some EUR pairs despite the turmoil happening around Europe.
Buying from this current region will be a strategic and definite move since it is currently rejecting the falling wedge + box consolidation support zone.
What is your prediction? any comment? please do leave below and follow for more.
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