EURCAD, bearish channel Retest
EURCAD broke out the bearish trendline/channel last week. And currently is retesting the trendline as support.
Has pretty good long lower wicks, showing there's demand at the key area.
May be bearish, if broke down the trendline, and may continue to consolidate.
You can check my past analysis about Eurcad before below.
Has pretty good long lower wicks, showing there's demand at the key area.
May be bearish, if broke down the trendline, and may continue to consolidate.
You can check my past analysis about Eurcad before below.
Penafian
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