Euro / Canadian Dollar
Short
Updated

EUR/CAD - Short Opportunity

106
There are two different take profit levels on this one, the first is 1.45443 and the second being 1.43791. Price could find support at 38.2% (near old support and resistance) so it's good to stay prepared.

After the price gap and huge rally of EUR/CAD, it's due a fall. The EUR looks likes it's lost it's steam and is approaching a major trend line, my Stochastic indicator shows me that price is oversold and is now approaching a drop.

Good Luck!
Trade active
Note
Price could be looking to break
snapshot
Note
Price retested and broke resistance wait for pull back or close above to go long.
Note
Possible bullish breakout from triangle snapshot
Note
We might see a bullish break snapshot

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