theforexportal

SELL EUR/CAD at market 1.4807

Short
FX:EURCAD   Euro / Canadian Dollar
Signs of the EUR BULL run coming under pressure and with RSI dipping down towards 70 from overbought this looks a good place to SHORT EUR/CAD. First target will be the rising trend line although where price will hit this line is uncertain.
CAD Retail Sales at 13:30 will have to be watched so its advised to tighten stops before this release as a poor print will kill the trade.