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EURCAD: Failed test of the bottom of clouds

Short
Euro / Canadian Dollar (FX:EURCAD)  
TrackRecordTrading Updated   
FX:EURCAD   Euro / Canadian Dollar
Chart Patterns Trend Analysis Technical Indicators EURCAD short Ichimoku Cloud support
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chartpattern trendanalysis indicator eurcad short ichimokuclouds support
Last week, EUR/CAD tried to test the bottom of the daily Ichimoku clouds and failed. The close also resulted in a bearish candle. The recent two previous occasions when this occurred resulted in sell-offs in the days after. There's a good chance that EUR/CAD will test new lows soon.
Comment:
Target Met at 1.4888, Profits Taken
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