Hello everyone, A good opportunity has been detected on the EUR/CAD pair. After strong upward movement on the EUR/CAD, the price found resistance on a strong resistance point, pulled back and is currently correcting to the downside. We are expecting the price to reach approximately the 1.5450 price level, where we have a 23.6% Fibonacci retracement level, an inside support point, as well as the 20 Moving Average of the Bollinger Bands.
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