EURCAD | 200 pip short target

While price remains below 1.4760, we remain bearish on this pair.
Yesterday we saw a classic retest and rejection off that level, suggesting further downside.

Sell: Below yesterday's low, at around 1.4695. Stops above the swing high (1.4780) and a take profit down at 1.4500 for about 2R.
Trend Analysis

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