EURCAD hitting Support?
Hello Traders,
Bullish Divergence has formed on the EURCAD 8H MACD/Price Chart and the price may begin to rise. The pair is bouncing of a recent support formed around 1.5050 and RSI is also being rejected at a recent support.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*
Bullish Divergence has formed on the EURCAD 8H MACD/Price Chart and the price may begin to rise. The pair is bouncing of a recent support formed around 1.5050 and RSI is also being rejected at a recent support.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*
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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.
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.