TipTVFinance

EUR/CAD - Scope for fall but oversold on hourly timeframe

FX:EURCAD   Euro Fx/Canadian Dollar
EUR/CAD - scope for further fall

Falling trend line intact

5th wave truncation points to weakness

Consider all the above bearish ideas, the fall witnessed isn't surprising and the bears appear in control...however, the hourly RSI is oversold and that may play a spoil sport for a while, courtesy of which prices may recover to falling trend line hurdle at 1.4670.

Bearish invalidation is seen only if the prices re-enter the rising channel again.
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out