KatlehoMaleka

EURCAD. Short Opportunity.

Short
FX:EURCAD   Euro / Canadian Dollar
Another pair on my watchlist for the upcoming trading week. It's EURCAD and it looks like it is breaking out of a bearish flag . We can see the confluence there, with the descending trend line from the Daily chart , the previous support zone which has turned into resistance and also the 61.8 fib. The point of least resistance here is down, at least until the support level at 1.47988.

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