MY BIAS FOR THIS PAIR IS BULLISH TOWARDS 1.6700. ANTICIPATING PERIODS OF CONSOLIDATION
STILL PRESENTING BEARISH OPPORTUNITIES,
I WILL BE CAPTURING THESE MOMENTS FOR BULLISH
SIGNALS AMONGST THE BEARISH NOISE TO ADD FURTHER POSITIONS. A SIGNIFICANT SIGNAL FOR MY BIAS IS THE DOJI FORMED POST 5 WEEKS OF FAILING TO ATTAIN A STRONG BREAKOUT - 1.6475.
ACTIVITIES...
MY BIAS FOR THIS PAIR IS BULLISH TOWARDS 1.6700. ANTICIPATING PERIODS OF CONSOLIDATION
STILL PRESENTING BEARISH OPPORTUNITIES,
I WILL BE CAPTURING THESE MOMENTS FOR BULLISH
SIGNALS AMONGST THE BEARISH NOISE TO ADD FURTHER POSITIONS. A SIGNIFICANT SIGNAL FOR MY BIAS IS THE DOJI FORMED POST 5 WEEKS OF FAILING TO ATTAIN A STRONG BREAKOUT - 1.6475.
ACTIVITIES...
In my humble opinion I believe EURCAD is awaiting a new leg to the upside. Resting on 1.5050 as a region of support four daily candles failing to break this price region. Post bullish breakout the following weekly candle was not of a strong bearish type with an upside wick signaling buying pressure amongst the bearish noise. If however there is a strong daily...