merjemascerija

EUR/CAD showed bear return

Short
OANDA:EURCAD   Euro / Dollar Canadien
It seems that the pair has just finished retracement to the upside and is ready to start with the main trend (which is bearish). As we see there was a rising wedge (which is interpreted as a continuation of the pattern if formed in this way). Well, I would wait to see if the pair will have the strength to retest or start to decline without it. Keep in mind that anything can happen and that it is not a matter of being right every time, but of increasing the odds in your favor when you are.
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