EURCAD Testing Resistance, Potential For A Reversal

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Euro / Dólar Canadense (FX:EURCAD)

FX:EURCAD Euro / Dólar Canadense

trendanalysis harmonicpatterns chartpattern eurcad eur cad eurcadshort gbp aud jpy usd

EURCAD is testing its resistance at 1.5061(23.6%, 38.2% & 50% Fibonacci retracement, horizontal overlap resistance) where it could reverse down to its support at 1.4948 (38.2% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 97%.

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