The đEURCAD currency pair is currently being tested at a significant level of support on a daily chart.
Following this test, the price has rebounded and broken through a resistance line within a descending wedge pattern on a four-hour chart, providing a strong indication of a bullish trend.
As a result, we can anticipate a temporary decline in the price, with potential target levels at 1.452 and 1.454.
Following this test, the price has rebounded and broken through a resistance line within a descending wedge pattern on a four-hour chart, providing a strong indication of a bullish trend.
As a result, we can anticipate a temporary decline in the price, with potential target levels at 1.452 and 1.454.
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