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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