EUR/CAD pair is trading in a falling channel which is also a bullish flag on a daily timeframe.
The price is now stuck within an important horizontal structure.
At a closer inspection, the price is now above the local resistance line, so, go short only If there is a breakout below the structure, as it is shown on the chart above.
Like and subscribe for more analysis.
Wish you all best of luck in your trading!
The price is now stuck within an important horizontal structure.
At a closer inspection, the price is now above the local resistance line, so, go short only If there is a breakout below the structure, as it is shown on the chart above.
Like and subscribe for more analysis.
Wish you all best of luck in your trading!
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