EURCAD - Divergence on MACD will lead to Bullish Breakout

29 Haz

EURCAD has formed bullish divergence on MACD scale and is currently testing resistance marked by falling trendline. Price also seems to be in the midst of forming head and shoulders pattern. We can expect bullish breakout once price climbs above the resistance zone.

6 Tem

Not

We had a breakout. Now bullish continuation seems very likely.

12 Tem

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