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NannePost

EUR/CAD looks ready to short.

Short
Euro / Canadian Dollar (FX:EURCAD)  
NannePost  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators
4
0
trendanalysis chartpattern indicator
Bearish divergence (RSI) is forming on a 4-hour chart. Sweep above weekly opening range and clear rejection @ the same slope line for a third time. We need a 4-hourly close below weekly opening range low @ 1.5377 to be sure a top has been formed, before a move towards 2019 Open is ruled out.

Weekly-Monthly charts are in link below.


Related Ideas

NannePost
EURCAD back @ multidecade descending slope line.
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