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 at 1.5297.
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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