EURCAD: will it break through the channel or will it grow?

The price has been moving in a global downtrend since July 2020. Despite the fact that there are also local lines inside the channel, now the price has approached the channel boundaries and they have a greater influence on it. We can expect the price to bounce off the channel border at 1.518 and rise to the level of 1.536.
SL - 1.513.

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