EURCAD for the week 25.6
Expecting a rally at the start of the week due to expectancy of news. Will look for sells at 61.8 fib lvl @1.567000, possible break of correction and continuation of downtrend.
1.567000: Weekly 61.8 fib retracement zone with strong resistance structure
1.538000: Strong support zone
1.480000: Major monthly support
1.567000: Weekly 61.8 fib retracement zone with strong resistance structure
1.538000: Strong support zone
1.480000: Major monthly support
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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.