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FX.co ★ EURCAD D1: Double Top

EURCAD D1: Double Top

Double TopOn the chart of EURCAD D1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.6271; the lower boundary 1.6127; the width of the pattern 144 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.6087 level.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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