If price does break back down to this level and holds, we will be looking at a high probability trade as we are going with the trend and first targets would be set around the 1.94517 area.
Friday 23 August 2013
EURCAD Price Action Kill Zone
Price has broken out from resistance on the daily chart for EURCAD, now what I will be looking for is a pullback to the previous resistance, now support and then I will be looking for price action to go long.
If price does break back down to this level and holds, we will be looking at a high probability trade as we are going with the trend and first targets would be set around the 1.94517 area.
If price does break back down to this level and holds, we will be looking at a high probability trade as we are going with the trend and first targets would be set around the 1.94517 area.
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