On the break of this trendline eur/cad could continue down to the low end of the range (large rectangle). As long as it remains below the down trendline, I think it will eventually get to 1.5300 and maybe beyond. Rate of change breaking down would also be a sign the lower prices could be on their way
Stay Curious
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Stay Curious
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.