ShrewdCatfx

Will Cad/Oil Buyers Step In?

Short
ShrewdCatfx Updated   
FX:EURCAD   Euro / Canadian Dollar
Called the crude Sell off Before the Week began, we came down quite a ways, 5%. That's alot, this is what i'm looking at for this pair. I'm not supper bullish on the EURO. Reasons for liking crude 1. Higher time frame trend surrounding crude 2. Inflationary environment we are in 3. that was a massive move on the weekly timeframe, buyers will be taking profit, will take time to gather liquidity
Trade active:
Trade closed: target reached
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.