Derek_Lorentz
Short

EUR/CAD Sell Opportunities

FX:EURCAD   Euro Fx/Canadian Dollar
42 0 0
Looking at EURCAD             15min chart there are a couple of solid opportunities for shorts.

For a quickie you can sell on a break below the 15min 50sma and target the new daily pivot.

For a bigger target, sell on a break below recent support at 1.5207. You can reasonably use a 30 pip target without running into many issues.

Want more? Take the quickie entry, but instead of closing at the target, move stop to break even and let it ride down to at least 1.5177 for a potential 46 pip profit.
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