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EURCAD. Is it heading towards the low of the channel?

FX:EURCAD   Euro / Dollar Canadien
EURCAD is moving in bullish parallel channel and multiple times tested the lows and highs of the channel. Now after it goes up and Retested the horizontal Resistance level so now it seems more like bearish biased And It is heading towards the low of the channel which is also a strong demand zone.

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