EWForecast

EUR/CAD: Fading the Rally

Short
FX:EURCAD   Euro / Canadian Dollar
EUR/CAD should soon presents a great opportunity to sell with good R:R.

The pair should rally in 5 waves in a FLAT structure coupled with RSI divergence. Rally should be faded at 1.468 - 1.475 region with a target of 1.41.

Good luck and trade safe.

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