The oil price fall today , monday 20 2020 is at the highest for 20 years a whooping 104% drop on US oil will see investors loose 100% on their oil investments.. Fundamentally the USA and other counter parts are lacking facilities to store oil so its prices are dropping to zero and there's no where to go from there except up back to test the trendline so just buy.
Basically,last week was all bullish for this pair but we might see little retracements but overall the trend is likely to continue been bullish because it rejected a very strong support. Details of what we expect for this pair is clear. What happens on Monday is very crucial so I'll likely not trade till it reaches the resistance of 1.1187 and either reject or...
EURCAD HAS REJECTED THE RESISTANCE 3 WEEKS IN A ROW BUT FAILED TO CLOSE BELOW THE PREVIOUS REJECTION CANDLE THIS WEEK, WHICH LEFT A LITTLE SOUR TASTE IN THE MOUTH OF THE BEARS AND BULLISH MOMENTUM MIGHT RESUME . THE CHART HAS THE DETAILS OF MY IDEAS OF GOING FOR A SELL LONG TERM AND BULLISH SHORT TERM
