EURCAD long (Supply and Demand Anaylsis)

Market formed a new Base for the Demand Zone. This is a fresh new level which is very powerful. I expect the price to go up the Supply Zone.

This Supply Zone is formed on the daily level but we also can find there one on the h4 time frame. So there are 2 Orderblocks. I expect the price to drop there then. Also it could go even higher. We will see. I will Update the chart then.

2 Scenarios:
1) Price go up to the Supply Zone and the drop
2) Price go up and breaks the Demand Zone

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