Greetings Traders this is my analysis for EURCAD and it is Long .
On the chart we can see that the price is halfway down the path to the strong support line that has been in the year of 2018.
The price began to fall to this line after it touched the equally strong resistance zone of 1.287. However, I expect that after the price touches the 1.263 support line, it will start to go Uptrend Movement.
Patience is the key.
On the previous chart we can see when the price has touched the Support Line it went for a uptrend movement we can see on the chart.On my previous analysis we can see how the price went for a Uptrend Movement.
Traders make your own analysis before trading.
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On the chart we can see that the price is halfway down the path to the strong support line that has been in the year of 2018.
The price began to fall to this line after it touched the equally strong resistance zone of 1.287. However, I expect that after the price touches the 1.263 support line, it will start to go Uptrend Movement.
Patience is the key.
On the previous chart we can see when the price has touched the Support Line it went for a uptrend movement we can see on the chart.On my previous analysis we can see how the price went for a Uptrend Movement.
Traders make your own analysis before trading.
Please Leave a Like,Comment and Follow!
Thank You!
We can see on my previous chart how the price menaged to go for a Uptrend Movement after touching the Support Line.