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AlkalineFX

EURCAD - Potential Long

Long
Euro / Canadian Dollar (FX:EURCAD)  
AlkalineFX  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Technical Indicators Wave Analysis fakeout fakebreakout Technical Analysis EURCAD eurcadshort eurcadlong
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trendanalysis indicator waveanalysis fakeout fakebreakout technicalanalysis eurcad eurcadshort eurcadlong
I am still not 100% sure if this pair has shown signs of a fake breakout, we will need to monitor the price on Monday and wait and see whether or not price wants to continue ot respect the ascending trend line or trade outside it again. Definitely one to keep on your watchlist, lots of potential for an upside move here.

COT Data - 72% Short

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