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EURCAD 8 Sep 2023

EURCAD 8 Sep 2023 on the weekly timeframe. It can be seen that this pair still continues to range between S1 and R1. besides that this pair has also been moving sideways for quite a long time above the 61.8 Fibo level. at the price of 1.46468 this pair and still continues to try to continue the bullish trend. If referring to the stochastic indicator, it shows a downward graph towards level 20. If the decline continues, then go-short can be an option for traders. But if the opposite happens and the pair resumes bullishness, then go-long is an option. Keep studying the various indications and trade with your own risk.

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