AlkalineFX

EURCAD - Potential Long

Long
FX:EURCAD   Euro / Canadian Dollar
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

Comments

looks like the uptrend will go further because it didn't make
lower low to follow the trend
Reply
AlkalineFX Maxamed78
@Maxamed78, Very good point! Good observation, could be a lovely one to trade!
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