Kumowizard

EURCAD - Little bit of slowdown at 100 WMA and Kumo

FX:EURCAD   Euro / Canadian Dollar
75 0 4
I scaled back my shorts today (opened at 1,4985 average), as there is some minor momentum loss at 100 WMA and Kumo support/resistance area of 1,45-1,46.

Price enterred the thick Kumo, we may see some hesitation in this neutral zone and a spike to 1,4810-1,4910 is possible, which should be sold again as a Kijun retest entry point, with a stop 1,5050. Especially with focus on WTI, which actually has good chance to deliver further bullish price action.

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