fernandoc17

EURCAD Broke the Monthly flag

Short
FX:EURCAD   Euro / Dollar Canadien
Hi there,
EURCAD broke the bearish flag on Monthly timeframe, big bearish signal.
As you see oil also changed the trend, and its now in a uptrend after it broke the previous top, but soon oil will make a correction, so eurcad will make a correction as well.
Wait for the price to retest the broken bearish flag, then short it from there to the targets mentioned in the chart.

Good luck

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