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EURCAD potential for further downside

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FX:EURCAD   欧元/加元
Prices are pushing down to make a lower low. If prices break through entry in line with 61.8% Fibonacci retracement and 50% Fibonacci extension fibonacci confluence area, prices might push down further towards horizontal swing low support in line with 100% Fibonacci extension. If prices bounce from fibonacci confluence, prices might push up towards horizontal pullback resistance in line with 61.8% Fibonacci extension. Ichimoku cloud is also above prices, showing a bearish pressure for prices.
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