ForecastCity_ME

💡Don't miss the great sell opportunity in EURCAD

Short
FX:EURCAD   Euro / Kanadischer Dollar
Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (1.50258).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. EURCAD is in a downtrend and the continuation of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40.

Take Profits:
TP1= @ 1.49565
TP2= @ 1.49176
TP3= @ 1.48679
TP4= @ 1.48014
TP5= @ 1.47239

SL: Break Above R2

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