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DeGRAM | EURCAD false breakout of the low

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FX:EURCAD   欧元/加元
EURCAD is moving in a descending channel, which is a retracement on a larger scale.

The market made a false breakout of the previous low.

Price tested the psychological level at 1.46000 and bounced off it.

We expect a bullish move and a test of the channel upper border.


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