EURCAD At Resistance Level - Bearish Pressure Incoming!
Previously, you can see how price met the resistance at the 1.4890 area and formed a triple top.
Now, price is once again at the same resistance level. Although I cannot promise a double top, I believe that a bearish movement down to 1.4660 will be seen quite soon.
This is my own analysis and interpretation of the pair.
Please comment an idea or a criticism, it will be in everyone's best interest to look at this setup from another angle.
Now, price is once again at the same resistance level. Although I cannot promise a double top, I believe that a bearish movement down to 1.4660 will be seen quite soon.
This is my own analysis and interpretation of the pair.
Please comment an idea or a criticism, it will be in everyone's best interest to look at this setup from another angle.
