Good morning folks,
Another Friday presents us with EUR/CAD
1.EUR/CAD
A descending channel has gotten to level 1.49983, which is a huge resistance. The big question is:
- Will the market break that barrier?
- Will the market reverse? or
- Will the market form a consolidation at that level, knowing fully well that today is Friday?
All these questions should be answered before the close of market today.
Do have a beautiful weekend