EURCAD - Short
Possible short opportunity on EURCAD.
- Price action; in line with the downtrend and 5th touch on the trend line
- Confluence between 200 day EMA, and indicators
- Rejection at 78.6% Fibonacci level
- Fundamentals; EUR weak due to poor vaccine rollout
- Price action; in line with the downtrend and 5th touch on the trend line
- Confluence between 200 day EMA, and indicators
- Rejection at 78.6% Fibonacci level
- Fundamentals; EUR weak due to poor vaccine rollout
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