Hello all,
My prediction for EUR/CAD: UP
1D timeframe will keep uptrend movement if rate goes through 1st resistance line until second and third resistances. We can see an Inverse Head Shoulders figure as well to support uptrend. However, it will not be easy pass 1st resistance. It is holding rate pretty well since 1 month. So it is not clear.
Trade decision: wait for now! BUY if break 1st resistance; SELL if rate breaks down upside longitudinal line
Good luck to everyone.
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