EURCAD is highly likely to see retraction next week.

Short

Euro / Canadian Dollar (OANDA:EURCAD)

OANDA:EURCAD Euro / Canadian Dollar

Trend Analysis ichimocu

trendanalysis ichimocu

Looks like EURCAD is oversold and some retraction might occur to 1.534~ area where resistance is presented. Next step will be the bears taking control again and delivering the price to 1.47-1.49 area.

Related Ideas

about EURCAD

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.