TradingView
Layne_LV
Dec 12, 2019 11:01 AM

EURCAD Market Outlook | Daily Forex Market Breakdown 

Euro Fx/Canadian DollarFXCM

Description

EURCAD
Looking bullish right now, but we have failed to push above resistance multiple times. We need to see how price reacts at the current resistance. If we see a strong break above we could see a bigger move to the upside, that being said if we fail to break above resistance again and we see a hard rejection we could completely melt to the downside. EC is definitely at a make it or break it level right now. Watching very carefully.

More