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benjaminhay

Short signal on EURCAD, previous high rejected

Short
Euro / Canadian Dollar (OANDA:EURCAD)  
benjaminhay Updated   
OANDA:EURCAD   Euro / Canadian Dollar
Trend Analysis Chart Patterns Fundamental Analysis Contains image
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trendanalysis chartpattern fundamental containsimage
EUR seems to have some weakness at the beginning of 2023.
I think CAD will start to gain after a massive sell-off and OIL still is rising with increasing demand.

The market sentiment shows reversal signal too.
Comment:
Price is dropping and broke 1.43500 level as expected
Comment:
level 1.43500 retested, the pullback could go to 1.43700 (0.5 fibo retracement 1h)
Comment:
still go down :)
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