I spoke about the EURCAD previously, and the trade set up is still valid and has given us another crucial confluence/validation.
We had a fake out to the downside, which reversed and went back to the resistance level of 1.4710.
We are still seeing 2/3 of the market trends here being displayed. This resistance zone has multiple touches, and as mentioned, the fake out shows us that the bulls are still kicking and alive. Be patient for the break and close above the 1.4710 zone.
We had a fake out to the downside, which reversed and went back to the resistance level of 1.4710.
We are still seeing 2/3 of the market trends here being displayed. This resistance zone has multiple touches, and as mentioned, the fake out shows us that the bulls are still kicking and alive. Be patient for the break and close above the 1.4710 zone.
