Eurcad on Daily chart you can see strong supply zone above 1.49. Where you can see last time when price was around 1.49 that Time RSI was around 61 but This Time you can See RSI above 70 also seems over bought we are hoping a correction we can see toward 1.46 then a bounce expected.
If pairs hold and give daily closing above 1.4950 then a upward move expected toward 1.52-1.54. But we are expecting 1.46 before upward move.
For Sell ideal sl 1.4970 tp 1.46
If pairs hold and give daily closing above 1.4950 then a upward move expected toward 1.52-1.54. But we are expecting 1.46 before upward move.
For Sell ideal sl 1.4970 tp 1.46
