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Lets get back to support and bring in some more buyers. Could be the catalyst for another move up to test the 5700-6k resistance levels.
ABC reversal or relief rally to create symetric triangle. Possibilties...
Will wait to see if this is the real deal and sell the break of the neckline.
Buy counter trendline breaks on our way back up!
Due to Brexit, Im guessing continued weakness for the pound and for this pair to rise further.
Just putting out a potential move from EURCAD, it could replicate the previous wave movement to the upper trendline.
This pair is quite volatile with the impending Brexit referendum, so will be conservatory monitoring this.
A break of resistance, becoming support on the way to 159 area would be ideal.