fernandoc17

EURCAD Broke the Monthly flag

Short
FX:EURCAD   Euro / Canadian Dollar
Hi there,
EURCAD broke the bearish flag on Monthly timeframe , big bearish signal.
As you see oil also changed the trend, and its now in a uptrend after it broke the previous top, but soon oil will make a correction, so eurcad will make a correction as well.
Wait for the price to retest the broken bearish flag , then short it from there to the targets mentioned in the chart.

Good luck