bregall1965

EURCAD long opportunity

Long
FX_IDC:CADEUR   CANADIAN DOLLAR / EURO
analyzing CADEUR, instead of EURCAD, I identified this interesting resistance area (support in EURCAD at 0.7305 (1.36893 EURCAD) as a possibility of short (long on EURCAD).
All the Highs indicated on the graph are linked together by a mathematical relationship that leads to the indicated level.
I will look closely at this area looking for areas of weakness in the current trend for an entry.

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