EURCAD
Monthly - Price is currently in an uptrend on the monthly time frame and has come back to touch the upward trend line for a third time.
Weekly- Price is also currently as a weekly demand zone where we expect a turn to the upside.
Daily - Price was heading down but is currently at the weekly demand zone, I am waiting for it to touch the nested daily demand zone before
turning around and continuing up.
Confluences:
- Overall Upward Trend
-Monthly Trend line
- Weekly Demand Zone
-71.8 Fib Zone
Weekly- Price is also currently as a weekly demand zone where we expect a turn to the upside.
Daily - Price was heading down but is currently at the weekly demand zone, I am waiting for it to touch the nested daily demand zone before
turning around and continuing up.
Confluences:
- Overall Upward Trend
-Monthly Trend line
- Weekly Demand Zone
-71.8 Fib Zone
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