EURCAD outlook
EURCAD is reaching a Liquidity Zone and the bottom of the descending channel. We can expect a retracement from the Liquidity Zone, however, we will need to wait for a shift in market structure and break of the descending trend line before taking any long positions.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.