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EliteTradingSignals

EUR/CAD BEARISH BIAS RIGHT NOW| SHORT

Short
Euro / Canadian Dollar (FX:EURCAD)  
EliteTradingSignals  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis EURCAD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis eurcad short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

The BB upper band is nearby so EUR-CAD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.451.

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