Hello traders, EUR/CAD is trading at 1.5262. The price is trading in downward resistance and support channel and can rebound back from its support level
. As the price has already touched its support level
, it can rebound back to resistance level
. If the price breaks 1.5265 price level then it can touch the resistance level
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
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