Trader-VincentH
Short

EURCAD: Downside prevails

FX:EURCAD   Euro / Canadian Dollar
With the uncertain QE tapering progress in eurozone and rising political concerns, euro related pairs turns weak this week.

That's why I posted Gold/Euro, EURJPY , GBPEUR as well as EURCAD , something expecting since last week.

Usoil is bas been breaking 52 level, further to 54-55 level, which boost cad and drive the pair going down, with negative trendlines on candle and MACD as well.

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