M4FXG

EURCAD TECHNICAL ANALYSIS (S)

Short
FX:EURCAD   Euro / Canadian Dollar
> Price currently within Weekly SWING resistance zone (January 2016).
> 12HR double top and bearish Doji.
> 1HR head and shoulders pattern. LS and RS rejected under resistance zone.
> Wait for a break of 1.6050 support | |.
> Wait for a break of ascending trendline | |.
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