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EURCAD Bull Trap

由mariobillz7提供
After what looked like a breakout to the upside out of the consolidated zone, price found resistance on the descending channel and has quickly moved back into the range. From here we can expect a new low be formed thereby testing previous level of support on the Daily and Weekly timeframe
Chart PatternsEURCADeurcadanalysiseurcadshortTrend Analysis
mariobillz7
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