eurcad -- bullish, one more low needed
After weeks of gyrations, I think it looks most likely as a triple-three (WXYXZ), with one more low before a sharp turn higher. The moves since Brexit have been in 3s up and down. If this is correct, watch for a spike lower on ECB news this Thursday. Risk is definited as 1.418x. Alternatively the low is in already. I am not bearish here.
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.