Next move for Eur -CAd will be ShS?

4. Aug. 2018

Like gbpcad that has already broken the neckline and it is heading down, eurcad is near the neckline and to enter short we have to wait for a daily close down the neckline at 1.4902 region. But like I said last week we have to be carful because at this time of the year many people and back ( especially these two weeks of august) are on holiday and we could be easily traped in a trade that does not move or that go in a direction that can fool us. Whoever wants to trade this pair be aware of that.