EURCAD - Stepping Down Short

Euro Fx/Canadian DollarFXCM

Description

⋅ Sep 3, 2020 6:28 AM

As you can see above price is stepping down nicely and respecting structure whilst doing it. This pair has recently broken the respected ascending trend line marked, we could now see a potential pullback before a continued sell-off as illustrated.

According to COT data source - 47% short