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Chibuike_Odoh
Nov 18, 2020 10:46 AM

EURCAD - Potential rejection of descending channel resistance 🔽 Short

Euro Fx/Canadian DollarFXCM

Description

EURCAD bounced off the descending channel support as expected from my previous analysis.
Price is testing the descending channel resistance.
RSI is printing a bearish divergence signal.
Sell entry ⬇️ - breakdown below the previous swing low.
Target - descending channel support.
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