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EURCAD, Short Possibility

Short
Euro / Dollar Canadien (OANDA:EURCAD)  
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OANDA:EURCAD   Euro / Dollar Canadien
Trend Analysis Chart Patterns EURCAD eurcadshort
7
0
trendanalysis chartpattern eurcad eurcadshort
Fundamental View
EU has procrastinated the COVID-19 relief package and that's what made it bearish for a while.
CAD on the other hand been considered as OIL'S pair, started declining which made EURCAD to rise.
Technical View
Broke Bearish channel and seems like retracement has occurred fully. Expecting a short from here.

Idées en relation

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USDJPY. Sellng Opportunity.
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NZDUSD, Multiple Possibilites.
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GBPUSD, Further Decline Expected.
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USDCAD, OIL's Pair
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AUDNZD, A Consolidating Pair
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NZDUSD, A Quick Update
Clause de non-responsabilité

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