ColmoreFX

EURCAD- PAIRING STRENGTH AGAINST WEAKNESS

Short
FX_IDC:EURCAD   Euro / Canadian Dollar
As we discussed in our previous post EURO seems to be topping out as CANADIAN DOLLAR remains dominant against a number of currencies. Looking for further downside to come in this market. If price can continue to the downside and break the support level of 1.4444 this market has significant room to the downside.