EURCAD Down to 1.4400/1.3800 in Medium Term

The U-Shape Band and the S-Curve Band confirmed for downward in long and medium term and the Time Series Band indicates to be under pressure down to 1.4400 and extended to 1.3800, subject to however at her equivalent rate with GBPCAD at their lower medium term band.

Short trade is feasible from monthly high/low, weekly high/low and daily high/low.

Kommentar:

I short EURCAD to follow the medium term band.

Kommentar:

I may also limit my profit target from the short trade.

Kommentar:

Riding down as the forecast and target will be hold.