EUR/CAD - Bullish Possibility

3 May 2017

Price is in an overall downtrend and that trend line has been respected many times, over the years. I'm very much neutral on the larger scale for this pair due to the short-term uptrend meeting with the downtrend line has occurred many times over in the past and has been met with rejections. This could be the bullish break we've been waiting for but I'm very much still neutral.

Short term sell (Weekly/Daily) and long-term buy (Monthly).

4 May 2017

Not

close below 1.48830 qualifies as a sell for me