EURCAD ready to hit the bottom of its upward Channel

53
EURCAD has been moving in a wide channel since 2013 and its bottom channel (Turquoise line) has almost been reached now.

Definitely a pair to watch for either a Bounce or a Breakout.

If the bounce for trend continuation is confirmed, this should give us a niiiice movement potentially up to the upper channel.

The pair moves quite slowly so this is probably a strategy for long-term.

Best
AT

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.