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Euro / Canadian Dollar

EURCAD

20
The pair has formed a double bottom. This will likely lead to a retest of the neckline at the 1.49 area. We also have an inside day bar that formed last week as confirmation as to the direction of this pair. However since the overall sight of this pair is bearish, Once the neckline is retested, a push lower should happen.
dprince87
Chart Patterns

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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.
Chart Patterns
dprince87

Disclaimer

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.