We can see at the top of Resistence a very nice Cypher completation price has already rejected te 0.786 and 0.618. we have a bigger picture to this pair to continue to print new leg to the downside to the develop new LL of the bigger trend
EUR pairs have taken a beating lately. NFP tomorrow may give it the right kick to reverse to the upside!!
For EURCAD NFP News tomorrow could rocket price up and ignore the shoulder or we could expect resistance before the break back up to complete the right shoulder, respecting the trend.
Remember to trade your plan www.babypips.com
Follow @Bizlus