EUR/CAD is quickly approaching the resistance line of a Channel Down. We expect either a breakout through this line or a rebound.

Will EUR/CAD have enough momentum to break resistance?
EUR/CAD is heading towards the resistance line of a Channel Down. If this movement continues, the price of EUR/CAD could test 1.4679 within the next 3 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

Take your trading game to the next level with our comprehensive Autochartist subscription Options

Why Subscribe?

  • Access Exclusive Web Content: Gain unlimited access to our extensive Research Portal, Technical Analysis, Volatility Analysis, Event Impact Analysis, and more!
  • Receive Premium Email Content: Elevate your trading strategy with our comprehensive suite of email reports covering Forex, Crypto, Index, Futures, Stocks, and Correlating Alerts.
  • Utilize MetaTrader Tools: Seamlessly integrate Autochartist Market Scanner, Risk Calculator, and Volatility Analysis directly into your MetaTrader platform.
  • Explore Additional Features: Stay informed on-the-go with the Autochartist Mobile App, receive selected Telegram Alerts, and never miss a market event with our comprehensive calendar.

Upgrade Now and Take Control of Your Trading Journey!

Don’t settle for limited insights. Join our community of successful traders and unlock the full potential of Autochartist.

Click here to select an Autochartist Subscription Option

Got questions? Contact our support team for assistance.