EURCAD .. More dips before we get to see buyers emerging... for FX:EURCAD by TahirKhan

EURCAD ...

Looking up on daily & 8 hr; gets a feeling a move to 406X or around is right around the corner..
Extended supp runs as low as 100 pips lower to 396X-7X..
For now 406X likely coming into play and rather sooner with buyers likely to emerge to it. The lvl comes in as a channel base and can see price propping back towards 1.44 handle.
Overall picture is bearish for a possible H&S pattern looms on the pair..

EURCAD - Daily - 50XX break pretty much wanting to make the full tgt run to around mid 40XX

EURCAD 8 hr - Similar view with extended down to previous low print or 3960-7X

EURCAD - Daily - Possible massive H&S

EURCAD - 4 hr - Current channel play - Bearish channel

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