mngFX

EURCAD - Bearish Descending Channel

Short
mngFX Updated   
OANDA:EURCAD   Euro / Canadian Dollar
Hi Traders,
EURCAD is trading within a descending channel which we could see another bearish move down near the top boundary of the channel. As BOC raised interest rates another 25 basis points unexpectedly, we can expect more bearish downfall.

Thanks
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Comment:
Trade closed: stop reached
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