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kartiksharma0190

Very important zone

Euro / Canadian Dollar (FX:EURCAD)  
kartiksharma0190  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Chart Patterns
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trendanalysis chartpattern
The area has strong weekly and daily trendline support which could send price higher.
However, Pair has been in downtrend lately and got rejected at golden ratio during swing low. We can see a head and shoulder formation which can cause a breakout of trendline.
Just my analysis
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