EURCAD - Bearish Descending Channel
Updated
Hi Traders,
EURCAD is trading within a descending channel which we could see another bearish move down near the top boundary of the channel. As BOC raised interest rates another 25 basis points unexpectedly, we can expect more bearish downfall.
Thanks
Trade Safe
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EURCAD is trading within a descending channel which we could see another bearish move down near the top boundary of the channel. As BOC raised interest rates another 25 basis points unexpectedly, we can expect more bearish downfall.
Thanks
Trade Safe
**If you felt this post was helpful, hit the LIKE button and FOLLOW me for more ideas**
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Note
Trade closed: stop reached
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