The EURCAD is still trading in a bullish condition on the long term charts. But, since it gaped earlier on the week, it has been trading on a short term range in between 1.4208 and 1.4010. Is this good or bad for us? I think it is really good, this way we know where we could look for our long opportunities, and you know where that level is: around the bottom of the range:
By the way, the next LT resistance level is at 1.4314
Tags: EURCAD Analysis
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