DeGRAM

EURCAD grow in channel

Long
FOREXCOM:EURCAD   Euro / Canadian Dollar
In January, the price broke through the resistance at 1.549 and returned to the falling channel .
She has been moving in this channel since August 2020.
During the fall in the channel, the price came to the support line 1.527.
Strong support line, first touched in 2012.
The only major breakdown of the line was in the first half of 2020.
The other day the price touched the strong support 1.527.
After that, the price started to rise slightly.
Since this line is very strong (2012), I expect that the price will continue to rise from it and come to resistance (the upper line of the falling channel ).
The target is 1.547.

---------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
FREE Telegram channel
https://t.me/DeGRAMChannel

Contact for paid signals https://t.me/DeGRAMForex

✅TOP 1 broker 👉🏻 http://bit.ly/3spSQqC

Comments

Love it! 👍
+2 Reply
DeGRAM Zanchy
@Zanchy, Thank you a lot
+1 Reply
grat! thanks
Reply
DeGRAM Lingrid
@Lingrid, Welcome
Reply
eurcad will go up
Reply
DeGRAM TradingAlchemist
@TradingAlchemist, Thank you
Reply
There would be no support line and the lower channel line would be broken!
Reply
DeGRAM Solldy
@Solldy, Interesting words
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out