Euro/Canadian: Rejection of Double top
Hi traders,
In above chart you can see market is still in consolidation phase after failure of double top.
Moreover today GDP data from canadian side will also create some
significant impact on Canadian dollar.
Recommendation:
Short from current price $1.5335
0r
Short after break $1.5310 Area.
Targets are: 1.5250 and 1.5200.
Stop should be 1.5430.
Good Luck!
In above chart you can see market is still in consolidation phase after failure of double top.
Moreover today GDP data from canadian side will also create some
significant impact on Canadian dollar.
Recommendation:
Short from current price $1.5335
0r
Short after break $1.5310 Area.
Targets are: 1.5250 and 1.5200.
Stop should be 1.5430.
Good Luck!
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