EURCAD doesn't seem like it, but its been consolidating for a really long time. So this meltdown was bound to happen since it still respected an overall bearish trend. But here has been no major retracement and the RSI even on the weekly is screaming it's overdue. So here are the TPS:
BULL TP:
This set of TPs will start from the 3rd bull TP
BEAR TP:
BULL TP:
- 1.479038
- 1.47998
- 1.48805
This set of TPs will start from the 3rd bull TP
BEAR TP:
- 1.47998
- 1.47638
- 1.46054
- 1.44712