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EURCAD Builds Uptrend; Overbought Signals Strengthen

Started by PocketOption, Dec 01, 2022, 05:19 am

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PocketOption

EURCAD Builds Uptrend; Overbought Signals Strengthen

EURCAD has rallied by almost 10% since the plunge to a nine-and-a-half year low of 1.2874 in August, retracing more than half of its 2022 downtrend. On Tuesday the price accelerated above a bullish channel to mark a new higher high at 1.4125, but it soon lost momentum to close below the 61.8% Fibonacci retracement […]


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