EURCAD short set-up Short

Euro Fx/Canadian DollarFXCM

Description

⋅ Aug 27, 2016 5:45 PM

If the temporary low at 1.44948 holds over the next few days, i will be entering a short at 1.50114.
Reasoning: 61.8% re-tracement level, respected daily breaker, potential to take un-taken highs and capture liquidity.