The EUR/CAD after the FOMC news release, had a Strong Push-down exactly on the levels we have drawn, Resistance Area, 50% Fibonacci level plus the Dynamic trendline. Today the Price is following our yesterday's idea and the price is fallen exactly in our point of attention. Both the RSI and Stochastic are in a bearish scenario.
Our forecast is about a continuation of the downtrend with a consequential bearish tuning of the price.
Our forecast is about a continuation of the downtrend with a consequential bearish tuning of the price.
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