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Euro / Canadian Dollar
Short

EURCAD, Short: Rising Wedge & Bearish Divergence

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Euro is very weak these days and perform poorly against most other currencies. However it managed to rise against Canadian dollar in the last several days. It could be time for a correction now. Rising wedge is obvious as well as bearish divergence. In the same time EURCAD reached 61% fibo retracement.
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Chart Patterns
djukic.nebojsa

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.