Hello traders and I'm back with EURCAD trade which is doing great! As expected, we got a perfect bounce right from 78,6% Fibo. retracement, so EURCAD is moving higher into a bigger correction or to complete it rather! Resistance is still far away, but don't forget, corrections can be slow, complex and choppy, but we will remain bullish as long as it's trading above 1.4900 invalidation area.
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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.