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harisonhbn9718
Jan 21, 2021 3:12 PM

EUR/CAD: Possible sell position 0.392% of Fibonacci Short

Euro / Canadian DollarFOREX.com

Description

In this analysis, we see that EUR/CAD it's continue down toward the $1.51 CAD. So, at the moment, we can see a good opportunit of over 200 pips.. We see how the EUR/CAD it's make a drop to continue downtrend.



In the H8 timeframe, the trend it's so clearly to continue sell EUR/CAD, Also, there's an interesting key point that we can to sell at $1.5361 CAD, that point it's make support in the past 2 points and now, this could be a possible resistance. So, for that, the most it's to wait to confirmation to entry to sell.



And looking the Daily chart it's extremely bearish to sell it.

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