Get started
ThinkingAntsOk

Potential bearish movement coming on EUR/CAD by ThinkingAntsOk

Short
Euro / Canadian Dollar (FX:EURCAD)  
ThinkingAntsOk  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Support and Resistance Multiple Time Frame Analysis EUR CAD EURCAD short analysis
16
1
trendanalysis supportandresistance mtfa eur cad eurcad short analysis
4H CHART EXPLANATION:

We observe that the Ascending Channel has been broken, and now price is making a corrective movement. We expect a breakout of this consolidation, and a continuation of the downtrend. The potential target is the Support Zone.

DAILY CHART ANALYSIS:

snapshot
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.