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DeGRAM | EURCAD price deceleration

Long
Euro / Canadian Dollar (FX:EURCAD)  
DeGRAM  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Chart Patterns Support and Resistance eurcadanalysis eurcadsignal
22
12
trendanalysis chartpattern supportandresistance eurcadanalysis eurcadsignal
EURCAD moveing in the descending channel. The maket has reached major support on the daily chart.

Price is decelerating at support, and it shows massive divergence on the 4-hourly chart.

We expect a breakout of the channel and a retest of the resistance.



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