The movement of EURCAD towards the support line of a Channel Down is yet another test of the line it reached numerous times in the past. This line test could happen in the next 16 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
EURCAD is approaching a support line of a Channel Down. It has touched this line numerous times in the last 6 days.
