• EURCAD broke support area
• Likely to fall to support level 1.4500
EURCAD recently broke the support area lying between the support level 1.4665 (low of the previous impulse wave 1) and the support trendline of the wide daily down channel from last August.
The breakout of this support area accelerated the active impulse wave 3 – which belongs to the long-term sharp downward impulse sequence (5) from last month.
EURCAD is likely to fall toward the next support level 1.4500 (forecast price for the completion of the active impulse wave 3).
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies
