EUR/CAD is currently just under the the key support line. It has been in a downtrend for some time now. Currently it looks like it is in a small corrective structure and we are now retesting the key support level. If it retests and bounces down we are looking to sell, however if it breaks through the support and goes up, we would be looking to buy. Trade safe traders.
Note
Still ranging around the key support level. We will see if the structure changes or not. I have not entered the trade.
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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.