This is a decade chart of EURCAD. the clean triangle and the price action of the past few month is encouraging a long term bearish view on the pair. The ongoing risk off environment could give us a beautiful entry point. Time wise, I am looking for the upward correction to end around Brexit vote on Jun 23.
Level wise, the pair is very short-able above 1.50 handle.
Level wise, the pair is very short-able above 1.50 handle.