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EUR_CAD STRUCTURE ANALYSIS|

Short
Euro / Canadian Dollar (FX:EURCAD)  
ProSignalsFx Updated   
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators EURCAD eurcadshort EUR CAD euro canadiandollar forecast analysis sructure
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trendanalysis chartpattern indicator eurcad eurcadshort eur cad euro canadiandollar forecast analysis sructure
snapshot
EUR_CAD IS TRADING IN A CHANNEL, FACES HORIZONTAL RESISTANCE.

(1) The pair modestly bullish, after breakout from downward channel
(2) Horizontal resistance seems to be well respected
(3) Good chance it might sink to retest channel support.
(4) IF breaks out higher-wait for confirmation.
(next upward resistance is R2 of a channel)
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