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NZD/CAD
Long

EURCAD POSSIBLE LONGS(SWING)

By LIMS_FOREX
EURCAD has been trading in a descending channel for over 6 months and respecting the channel. It's almost at the bottom of the channel, in confluence with last year's (2022) August support. am expecting the price to go a little below the support and take out liquidity below touching the lower bottom of the channel also in confluence with the 50% fib level. lookout for rejections and reversal patterns at the support and break of the inner trendline with longs to the top of the channel or previous resistance.
Trend Analysis
LIMS_FOREX
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