EURCAD
broke out of the daily zone of consolidation with a lot of buying pressure but the one thing is that for it to breakout of a very important zone there is surely going to be a retest back to the daily support zone.
. If we see a bearish rotation on the consolidation then the breakout is not certain
. But if it breaks out of the consolidation then we are going to the retest zone downwards
. If we see a bearish rotation on the consolidation then the breakout is not certain
. But if it breaks out of the consolidation then we are going to the retest zone downwards