EURCAD Analysis March 14, 2020
On the weekly time frame market is currently in a strong selling pressure region, the same as it did in 2016. On weekly back in January 25, 2016 selling pressure closed at 1.51268 with a strong bearish reversal candle at key level signalling a reversal which is now our current target. Overall we may see a continuation of bearish momentum to target 1.51268. weekly analysis: 
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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.