EURCAD: Continued EURO weakness.

29 May 2018

This overall market has been bearish for some time. The last 2 daily candles have indicated that more selling pressure is likely to come. I'll be waiting for a break of 1.501 on a lower timeframe and retest of that level before selling. Targets will be at 1.4900.

30 May 2018

Not

Although the market broke through 1.501 it quickly retraced back. Now that yesterdays candle has closed as is indicating indecision, im no longer interested in taking this trade.