EUR CAD has reached the top of a downward channel inside of a much larger upward channel. It has formed a bullish pennant pattern and is now retesting the break out. If it moves above my channel line I will look for a buy to 1.5130. If it forms a sell signal at the top of the channel I will look for a sell. Watching this one carefully
Trade active:
Trade is moving along nicely. Stalled at first major target. A pullback may take us to the overall target of 1.5361
Trade closed: target reached