thedailychartist

EURCAD Bottoming Out?

Long
FX:EURCAD   Euro / Canadian Dollar
Probably not in a major way but there may be good opportunity for the bulls to ride a rally via break out setup. Price is currently at a confluence of two resistance levels (trend line and horizontal resistance line). This is after a strong rally off of a higher low setup from the OCT. 1 bottom.

Let's see.
Comment:
Really strong breakout in progress!

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