EURCAD about to get plunged
>The price was around 50 MA and couldn't go up indicating the bears are still active.
> moreover the price will get down by new shorts.
> the 1st target is 78.6 retracement of major move.
> 2nd target can be the 100% retracement which is also likely to happen.
> moreover the price will get down by new shorts.
> the 1st target is 78.6 retracement of major move.
> 2nd target can be the 100% retracement which is also likely to happen.
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