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UPDATE ON EURCAD

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FX:EURCAD   歐元 / 加元
Evidence shows that the theory of price increases is still valid. in the previous set up we said that the price is at the point under high pressure at the end of a complete triangle pattern which will lead to an increase in price. now she get out of the zone, but it is smoothly touching the outer surface of the red channel after a very important break out. Therefore, the possibility of price increase is one of the serious expectations. so, I suggest to who already have opened long position, that it is a wisely risk if not close the position before the breaking the upper line of the channel as a confirmation of failure of the idea.
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