theforexdaddy

EUR/CAD POTENTIAL BEARISHT MOMENTUM !!!

Short
OANDA:EURCAD   Euro / Canadian Dollar
EUR/CAD TECHNICAL ANALYSIS:

*-Price has broken the trendline & the support,
*-Nice head and shoulder reversal pattern formmed,
*-Retracement on daily reacted to fib retracement zones
*-Weekly and monthly looking extremely bearish with upside spikes indicating a slow down on pricemomentum
*-Waiting to retest the resistance zone to get the best entry,
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