today we have the EUR/CAD short trade. The EUR/CAD is in a in an intact downtrend with lower highs and lower lows.
After the market broke the rising to the downside it will likely continue its way to the down. With that said, if the market can manage to correct further, we will sell the market at around 1.43749 with a stop loss above the 78.6% . Target will be around 1.40.
As always, use a stop loss while trading and never risk more than 0.5% to 1% on each trade and use a tested strategy. We don't just sell or buy the market randomly, we have a structure technique behind it. This will only give you a sense of market direction.
Hope that helps.