Slightly bullish. But possible down trend incoming!!
Atualizado
I understand that there is multiple of bearish analysis out there.
Nevertheless, EURCAD's strength to hold up this Friday is not to be played with. A lot of positions wouldn't have been held due to coming holiday so the selling pressure could be artificial and suggested.
Now, for a short wait for a retest and fail as shown by red line
For a long wait for a confirmed break back above the short term trend line we've all been watching.
As always,
trade safe...
NB: i'm 60% bullish 40% short...
Nevertheless, EURCAD's strength to hold up this Friday is not to be played with. A lot of positions wouldn't have been held due to coming holiday so the selling pressure could be artificial and suggested.
Now, for a short wait for a retest and fail as shown by red line
For a long wait for a confirmed break back above the short term trend line we've all been watching.
As always,
trade safe...
NB: i'm 60% bullish 40% short...
Nota
Okay any comments???????????
Aviso legal
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