EURCAD Technical Analysis! SELL!

16 בנוב׳ 2023

My dear subscribers,
This is my opinion on the EURCAD next move:
The instrument tests an important psychological level 1.4875
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.4796
My Stop Loss - 1.4913

About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK