EURCAD Analysis:
EURCAD is rebounding from the lower low area of the descending channel in the higher timeframe daily chart.
In the smaller timeframe, 1-hour chart, EURCAD is rebounding from the retest zone of the broken ascending channel.
After the confirmation of Upward movement, EURCAD Buy signal given.
EURCAD Update
EURCAD hover around the entry price range and start to make a ranging movement between the entry price levels for a long time.
The market moving up and down between the entry price ranges for more than 2 days.
As per signal following rules, the EURCAD signal has closed at an entry price level due to lack of movement.
For new users: Please note that: the EURCAD signal has been closed at the entry price level due to lack of movement and the 2 days protection rule. Keep following our signals as per the signal rules given to you under each signal message: www.forexgdp.com/follow
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Please be patience and wait for the next good opportunity signal. We always want you to trade safely at all market conditions.
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