eurcad is making the right stop points for a bearish continuation, the high put in this month could be the high for a bearish leg to 1.40 area.
targets
146.300 prev year high
1.45800
1.45000 year open
1.43500
1.40000
the catalyst could be the us cpi so watch price action around then
targets
146.300 prev year high
1.45800
1.45000 year open
1.43500
1.40000
the catalyst could be the us cpi so watch price action around then
Note
1.43500 hit, price is still within range to make an attempt towards monthly supp level at 1.42800
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Disclaimer
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.