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EURCAD 28 April 2023 on the H1 timeframe. It can be seen that the pair is still moving sideways since yesterday’s price drop. The pair is between the 38.2 and 50.0 Fibo levels, if it continues to bearish and penetrated towards the 23.6 Fibo level, then go-short could be an option. But if on the contrary, it is able to break the 50.0 Fibo level, go-long will be an option. Wait for further indications or trade with your own risk.
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