Fx_Advisor

EURCAD chart of the day

Short
OANDA:EURCAD   Euro / Dollar Canadien
has fallen sharply to challenge the 2018 low and medium-term uptrend from 2015 at 1.4766/60. A break below here would see a large top complete to mark an important change of trend lower with support then seen next at the 38.2% retracement of the entire 2012/2018 bull trend at 1.4616, with the long-term uptrend from 2012 and September 2017 low at 1.4442/41. The risk is seen lower whilst below 1.5054.

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