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DeGRAM
Apr 12, 2024 10:28 AM

DeGRAM | EURCAD the chart broke the channel down Short

Euro Fx/Canadian DollarFXCM

Description

EURCAD broke out of the channel.

The chart broke the level of dynamic support, which now acts as resistance.

The price has reached the 62% retracement level.

We think that after the support breakout the price will continue to decline.


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