EURCAD at important level
EURCAD. Great price action inside the blue oval on the chart. Price was rejected twice by resistance on the 4h chart and came down hard breaking the 50 and 200 emas. Price is now trading below the emas and getting close to the strong support.
Scalping opportunity to the support and I will be waiting for price action around that area for a rejection or a break below the resistance for downtrend continuation.
Scalping opportunity to the support and I will be waiting for price action around that area for a rejection or a break below the resistance for downtrend continuation.
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