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rob_WRLD_
May 30, 2023 6:16 AM

EURCAD Downside Potential Short

EUR/CADOANDA

Description

Hey Traders! 👋

For Day 19/100 of our challenge, we will look at EURCAD downside potential this week.

- Recently rejected 1.0465 resistance
- Now heading towards 1.45 strong support
- When 1.45 breaks, we can expect 1.444 to be met

This is based on seasonality and retail positioning. Check them out for yourselves 👍

Have a great start to the week. Hope you enjoyed your holiday 🥂
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