Potential trade coming up on EUR/CAD. Notes: EUR -1, CAD +5, correlating sister pair is CAD/CHF, (CHF -2). Price have surpassed a strong area of support which have now become resistance, expecting market to retrace to our potential entry for a short position. Target will be recent lows. SL: above entry. TS: 50 pips.
Dec 04: Currently awaiting pullback followed by a failure at expected entry.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.