lawlee9
Short

EURCAD Retest of daily trendline

FX:EURCAD   Euro Fx/Canadian Dollar
21 0 2
Price recently broke out of a major trendline and is now coming back up to retest. I'm going short here and targeting the next major support area, and then target lower at the monthly major support level at 1.35. The monthly chart shows this market to be overall bearish with lower highs, so I am going to keep a strong bias that price will reach that 1.35 area (which is also the bottom of the corrective channel price is in).

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