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linofx1

EURCAD : Bearish Outlook After Massive Breakout

Short
Euro / Canadian Dollar (FX:EURCAD)  
linofx1  
FX:EURCAD   Euro / Canadian Dollar
Support and Resistance Candlestick Analysis Chart Patterns
9
2
supportandresistance candlestick chartpattern
↪️EURCAD was consolidating within a horizontal range for nearly two weeks before breaking below the support last week.

The former support level has now become a significant resistance level, and I expect the currency pair to move lower towards 1.4680 / 1.4656.
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