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EURCAD Short Idea
EURCAD
, 1D
EURCAD: EURCAD Short Idea

Blue lines are the monthly key levels. the light blue are weekly key levels. the black lines are daily key levels. As you can see we are approaching a strong monthly level right now. We are also tapping off the 50 EMA. I'm looking for entries to short this pair. I will be keeping a close eye on how this candle closes today. If we close under 129 it could make for...

Potential Short on EURJPY
EURJPY
, 1D
Short
EURJPY: Potential Short on EURJPY
Updated 

This idea is purely technical, I haven't had a chance to look at the fundamentals for either pair. The solid white lines are monthly key levels, the dotted lines are daily key levels. Price is approaching the 200 EMA and a strong daily resistance level. It is also beginning to form a shooting star candlestick at the 61% fib level. However we still have a full day...

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