UnknownUnicorn15614419

EURCAD: can the price break the trend?

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FOREXCOM:EURCAD   Euro / Kanadensisk dollar
At the beginning of this year, the price returned to a downtrend. The main lines of this trend start from August (resistance) and March (support) 2020. Also noteworthy is the price level 1.532, where the price is now. There were frequent corrections from this level. Now the price will bounce off it and rise to the 1.544 line. After that, either it breaks the trend or drops to the lower border 1.518 - we will wait.
SL - 1.549.

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