EURCAD is breaking below the bearish flag
EURCAD is breaking below the bearish flag 1.4700. This breakout is going to lead to another swing lower in a downtrend channel. We expect a swing lower to continue all the way to 1.4300. We are at the beginning of the 5th terminal swing wave down of the channel.
Note: look for the short trade entries with the stop loss above 1.4750
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