Cloud showing a potential reversal - chimoku twist.
However price also broke through the 9 day MA @1.52932
Price also broke through the 26 day MA @1.51276
EURCAD dropped over 1.09 % today from 1.5287 to 1.51179.
I'm predicting price to reverse the overall trend is still bullish on the monthly time frame also the twist on Weekly indicates a reversal.
However price may keep going down since it broke through both MAs.
Entry @1.51291
TP 390 pips
SL 29pips
However price also broke through the 9 day MA @1.52932
Price also broke through the 26 day MA @1.51276
EURCAD dropped over 1.09 % today from 1.5287 to 1.51179.
I'm predicting price to reverse the overall trend is still bullish on the monthly time frame also the twist on Weekly indicates a reversal.
However price may keep going down since it broke through both MAs.
Entry @1.51291
TP 390 pips
SL 29pips
