EUR/CAD is flirting with the 1.5200 major psychological handle, which is just above a rising trend line that hasn’t been broken since the start of the year.
I'll go long if a bullish candle open and close above the trend line.
The hourly chart shows the GBP/USD pair has created a pennant pattern - a bearish continuation pattern, meaning a downside break would open the doors to 1.30 (psychological level).
An upside break would abort the immediate bearish outlook.
I'm already short on this pair. Sold at 1.32010. If you like this trade idea,...