This is a decade chart of EURCAD. the clean triangle and the price action of the past few month is encouraging a long term bearish view on the pair. The ongoing risk off environment could give us a beautiful entry point. Time wise, I am looking for the upward correction to end around Brexit vote on Jun 23. Level wise, the pair is very short-able above 1.50 handle.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.