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EUR/CAD BEARISH BIAS RIGHT NOW| SHORT

Short
Euro / Canadian Dollar (FX:EURCAD)  
EliteTradingSignals  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis EURCAD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis eurcad short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

EUR/CAD pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.465 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.

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