AlfonsoMoreno

EURCAD Forex cross pair sell opportunities at new supply levels

Short
OANDA:EURCAD   Euro / Canadian Dollar
EURCAD Forex cross pair sell opportunities with monthly and weekly supply levels in control. Monthly supply imbalance at 1.5645 has gained control together with weekly supply level around 1.5563. EURCAD has reacted very strongly to these new supply level created a few months ago creating new daily supply levels on the way down while eliminating demand levels as it dropped.

There is a clear short bias, short opportunities being created on the way down on EURCAD Forex Cross pair. 

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