JordanLindsey

EUR/CAD Into Strong Resistance Ahead of BOC Rate Statement

Short
FX_IDC:EURCAD   Euro / Canadian Dollar
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Comments

EC will be on my watchlist as well
+1 Reply
JordanLindsey transparent-fx
@transparent-fx, CAD should continue to be under pressure with Canada's domestic issues and perhaps even more importantly Saudi's declaration of war on oil which should continue to keep crude prices low. ECB set to act on Thursday could cause a spike down on EUR/CAD and if we spike into that supply zone you have included on your chart - should be a beautiful buying opportunity. Thanks for the collaboration on this one.
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