Fxprotrader

EURCAD Watch For A Sell Setup At This Level

Short
FX:EURCAD   Euro / Canadian Dollar
Price has broken a daily uptrend and is now on it's way to retest it after having pulled back. At the same level we have a 0.618 fib level of a previous down move, which adds to the resistance of the level. If price reaches this level, we should watch for a sell setup to complete and go short with EURCAD.

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