Watch this Candle: EURCAD Monthly Hammer #forex

FX:EURCAD   Euro / Canadian Dollar
667 2 14
A nice hammer candle over the monthly chart, i prefer to see a positive closing for hammers , however this remains a valid hammer . Its not a suggestion that am a bullish , but i will be watching this pair for any signs of a short term bullish rebound.

For the Hammer Candle Definition :

Good luck
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nice and simple
Well observed.
Can we apply here and fib 61?
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