The EURCAD renews the negative attack – Analysis – 24-9-2019
Economies.com
2019-09-24 07:01AM UTC
The EURCAD price renewed its negative action by forming a new bearish wave, surpassing 50% Fibonacci correction level at 1.4585, which confirms the price readiness to form a new negative attack to target several extra negative levels that begin at 1.4515 and 1.4435.
Stochastic sharp decline and its approach from 20 level supported our negative suggestion by validating an extra negative momentum, to ease the price mission to resume achieving the mentioned negative targets.
The expected trading range for today is between 1.4590 and 1.4515
The expected trend for today: Bearish
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