Ultimately I see EURCAD heading down.....
Price is at the bottom of the weekly range and can start pulling back up now.., sitting at the top of the daily, and in the middle of the hour....
No good setup besides scalpers inside the bullish flag. I can see Euro pumping up, USDCAD going up, GOLD going down correcting, and OIL getting cheaper at the moment.
STRONG buyers and sellers at 1.66 and 1.25 on weekly..watch closely for a month before making any vast decisions if you are a long term swinger.
Please observe that price slightly broke weekly and next week it could be eaten up and we can head higher. Usually we always pull back just like we did on the hourly frame 7th of Aug zone then we continued down for 3 weeks slowly.
Enjoy the weekend everyone!
Price is at the bottom of the weekly range and can start pulling back up now.., sitting at the top of the daily, and in the middle of the hour....
No good setup besides scalpers inside the bullish flag. I can see Euro pumping up, USDCAD going up, GOLD going down correcting, and OIL getting cheaper at the moment.
STRONG buyers and sellers at 1.66 and 1.25 on weekly..watch closely for a month before making any vast decisions if you are a long term swinger.
Please observe that price slightly broke weekly and next week it could be eaten up and we can head higher. Usually we always pull back just like we did on the hourly frame 7th of Aug zone then we continued down for 3 weeks slowly.
Enjoy the weekend everyone!
