Trader_97
Short

EUR/CAD SHORT (LONG TERM)

FX:EURCAD   Euro Fx/Canadian Dollar
14 0 0
Euro             has been skyrocketing higher in the past few weeks against the weakening Canadian buck but will this continue after the big T.L resistance we have ahead of us.This T.L resistance has been tested twice once back in 2008 and before that in 1998 & now Euro             is making its way closer to it once more.I don't know about you guys but I am going short here.Look for a short term target around that 1.5578-1.5280 area.In the long term expect a move of at least a 1000 pips lower perhaps down to 1.43 area or maybe even lower
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