Correction seems to be over, for
EURCAD
, and the time seems ripe for a short opportunity.
A first impulse to the downside has gone through following news regarding canadian CPI and sales report, so watch it on the 60min and 15min timeframes, if it makes a small correction, it is time to sell. Updates will follow.
Trade with care and only with a backtested strategy that works for your trading style.
Please don’t forget to follow us, if you feel that our analyses and views may be a useful complement to your trading strategies.
Thank you for viewing.
EURCAD
, and the time seems ripe for a short opportunity. A first impulse to the downside has gone through following news regarding canadian CPI and sales report, so watch it on the 60min and 15min timeframes, if it makes a small correction, it is time to sell. Updates will follow.
Trade with care and only with a backtested strategy that works for your trading style.
Please don’t forget to follow us, if you feel that our analyses and views may be a useful complement to your trading strategies.
Thank you for viewing.