EURCAD Here's a Breakdown of the Key Levels

29 Ara 2024

EURCAD structure, here's a breakdown of the key levels and potential market:

1. Current Price (1.50330): The market is currently at this price, which suggests it may be within a consolidation zone, potentially preparing for a move.

2. Resistance Zone (1.50600): This level could act as a ceiling, where price may struggle to break higher. If price reaches this zone and fails to break above, it could suggest a short opportunity for a sell-side move.

3. Support Zone (1.48500): This is a critical area where the market may find buying interest. If the price approaches this level, it could bounce back up, or break through, indicating a continuation of the downtrend.

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30 Ara 2024

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