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EURCAD Formed Head & Shoulder For Short Trade.

Short
Euro / Canadian Dollar (FX:EURCAD)  
Fx_Trader_ViSa  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Harmonic Patterns Chart Patterns EURCAD eurcadanalysis euro CAD dollar forexsignals forexanalysis forextrading forextrend
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trendanalysis harmonicpatterns chartpattern eurcad eurcadanalysis euro cad dollar forexsignals forexanalysis forextrading forextrend
EURCAD is consolidating in a fixed range. Now, we may see a breakout from the consolidation pattern, as it formed a head and shoulder pattern (as shown in the chart). According to chart pattern analysis, we might see a downside in EURCAD. One can initiate short trade with risk management and stop loss.

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