EURCAD was exercising heavy bearish bleeding for days now, my prediction is based on a daily chart. A strong support zone has been hit at 1.442 and a bullish trend is expecting up to the 1.506 resistance.
If it breaks this zone then the bullish trend will continue however resistance zone might cause a bearish drop down to 1.46 touching a strong support there. Bullish trend is then predicted back up to 1.54 and higher.
Please comment if you like my idea and follow me on Twitter. Thanks!
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