So we Violated the 1.56 Level on EURCAD
, looking reach break Resistance 1.57 which allows me to make prediction that price is likely to go higher. If we go higher then the next level that may prove Resistance Level
1.578 is way back in Aug 20 & ranges from 1.57837 look for a period of relief before the next extension higher, So either sideways of consolidation or a retracement into previous structure resistance
that may now act as a support back at the 1.57151 to 1.56952 level.