Shingi_Lesetedi

EURCAD Broke out of Balancing Zone

Short
FX:EURCAD   Euro / Canadian Dollar
Price broke out of our balancing area marked. This means buyer stops have been taken out and the retest suggests collection of more sell orders before pushing lower. We have contextual confluence as the move leading into the balancing zone was bearish, so we could expect a continuation lower to the zones marked. Trade safe!

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