EURCAD has enjoyed a nice, steady downtrend for quite some time now but I think there is a good chance that we might find some news buyers very soon.
I will start looking bullish signs after we have reached the Equal Legs target. The area should provide some sort of bounce higher but right now it is very difficult to say how big this bounce is going to be.
I'll be watching this pair closely next week.
I will start looking bullish signs after we have reached the Equal Legs target. The area should provide some sort of bounce higher but right now it is very difficult to say how big this bounce is going to be.
I'll be watching this pair closely next week.