price is currently at support but the euro is still weaker than the cad making this bear market a very strong one .i am expecting a retracement to somewhere around the trendline before a continuation of the impulsive move
i am still bearish on this pair . i will be looking for a possible re entry if price plays out as i have planned . if not then ill just react to whatever price does . i am a very patient and reactive trader .
two possible moves to look out for .
although i am not looking to trade this pair however these are very good setups to look out for . a quick turnaround from the resistance zone or a break and retest of the resistance zone