How to trade the EURCAD in the short term
EURCAD is a at a crossroads in my view. As it retested the previously broken rising trend line, in addition to the 50-days simple average and 1.4812 key resistance, and shown rejection last week. I will be looking to short with targets near 1.4480.
If we break above 1.4812 resistance, the short setup will be invalidated. I will be buying with first target near 1.5075.
Best
Technician
If we break above 1.4812 resistance, the short setup will be invalidated. I will be buying with first target near 1.5075.
Best
Technician
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