channeltrader

EURCAD - Preparing for change of trend??? (Watchlist)

FX:EURCAD   Euro Fx/Canadian Dollar
75 0 2
Channels say it all.

Expecting a bounce at 1.43693 region, a long term key price region. Hypothetical measurement already showing 1.4949 region could act as a top (lower high) before the downtrend starts. Keeping an eye out on this one. Some decent trade sizes with a good enough capital to absorb the swings should see some good pips in the pocket.

Could take a while. Maybe towards late July/Mid August. This one's on the Watchlist.
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