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EURCAD SELLS COUNTINUATIONFrom A monthly view is a mountainous free fall, after price fails to break a 2018 highs price of 1.60 levels, currently we're facing price trading around the wick support zones, Scaling down to weekly, we can see price battling around that wick support zone on the monthly, Now going down to daily, we see how price successfully broke the daily previous support now turned resistance, However the sell momentum is still intense, and there's still more room for profit to be taking towards the downside before thinking of a reversals. Also another point worth nothing is how price has been aligning with structures and fibs, so at meantime price still hovering around the 0.382 fib level unable to close above 0.5 we still keep our eyes southwards expecting the price to be pushing downwards till further notice.
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by Justvics