* Japanese Yen is still going to get stronger.
* The oil price made Canadian Dollar weaker.
> That is why I'd say the price goes down and it's the best time to open a short position for this pair.
This idea is looking at EURUSD from March 2020:
< 1 > After more than 1 year , the price reached to 1.14892 on March 19th . But it met a very strong resistance line at this level and starts to fall after that.
< 2 > The power of resistance line at 1.14892 was too much as the price broke the 200 SMA after a week.
< 3 > From 17 March 20, the EUR starts its...