workingtraders
Short

Short Idea for $EURCAD

FX:EURCAD   Euro / Canadian Dollar
259 2 5
Looking for more aggressive push toward 1.44 before getting short.
Divergences have started to appear.
Multi Year Resistance here.
Reaching a Key resistance in Fibonacci

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I agree with all of your observations about the importance and strength of the current levels, but because of Canada's weakening macro situation, I think this cross will in the next days/week-or-two push through 1.44 to around 1.46.
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Doingit sedemmler
interesting thanks. i will be watching this closely
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