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DeGRAM
Apr 16, 2024 10:08 AM

DeGRAM | EURCAD rebound from the channel boundary Long

Euro Fx/Canadian DollarFXCM

Description

EURCAD is moving from the lower boundary of the channel.

The chart has pushed off from an important support, forming a double bottom.

The price is testing the dynamic resistance.

We think that the price will continue to rebound to the 50% retracement level.


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Share your opinion in the comments and support the idea with a like. Thanks for your support!

Trade closed: target reached

Comments
DeGRAM
Good luck in the markets and have a great trading week!
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