EUR/CAD Expecting a Downside Move
🔸DAILY CHART EXPLANATION:
.
.
🔸Price made a double top pattern with the previous high and bounced there.
.
🔸It has also broken the Ascending Trendline.
.
🔸The next bearish target is the Support Zone at 1.50500.
.
🔸 Will look for a lower timeframe bearish setup.
.
.
🔸Price made a double top pattern with the previous high and bounced there.
.
🔸It has also broken the Ascending Trendline.
.
🔸The next bearish target is the Support Zone at 1.50500.
.
🔸 Will look for a lower timeframe bearish setup.
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.