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Trading_Dynamics

EURCAD - trendline break with multiple confluences

Long
Euro / Canadian Dollar (FX:EURCAD)  
Trading_Dynamics  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis
5
2
trendanalysis
Price has managed to break trendline and we can expect it to come back and retest the demand level before continuing to the upside. At this level we can also find confluence with 50% Fib retracement.

Let me know what you guys think about this pair in the comments below!
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