EUR-CAD will fall from resistance. Sell!

Short

Euro / Canadian Dollar (FX:EURCAD)

FX:EURCAD Euro / Canadian Dollar

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trendanalysis chartpattern waveanalysis eurcad euro canadiandollar forex trading sell short swing

Hello, Traders!
EUR-CAD is trading below resistance confluence
And isn't showing any signs of strength
Therefore I am bearish on the pair
It could be so that EUR-CAD retests the resistance
But will ultimately fail to break it and will go Down
Sell.

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Comments

Very solid charting 👌

Thoughts?

TopTradingSignals

@TopTradingSignals, I agree with the set up but I see us reversing around 1.55750ish. But then again finding that number is very subjective based on where the trend line is pulled