EURCAD: Bearish Move From Key Level 🇪🇺🇨🇦

Short

Euro / Canadian Dollar (FX:EURCAD)

FX:EURCAD Euro / Canadian Dollar

mtfa triangle elliottwaves eurcad euro canadiandollar priceaction priceactionanalysis priceactiontrading

This morning with my students we spotted a confirmed breakout of a key daily structure support.
Retesting that structure, the price formed a descending triangle formation on 1H time frame.
Its neckline breakout confirms a coming bearish move.

Initial target - 1.331

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EURCAD: Bearish Move From Key Level 🇪🇺🇨🇦

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