Charts: 4Hours, 1 Day.
Indicators: Fibonacii Fan Lines, Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :1.4390

EURCAD pair last month was ralying to complete the double bottom formation which succesfully has been achived as i predicted in my last monthly analysis.The pair reached a major resistance zone at (1.4451) from which the trend has retraced lower which was expected after such a long bull run. Looking at the chart bellow we can see the trend is in a bullish c…
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