Since the beginning of the New Year it has been trading below 14, 21 and 50. Also try to find the massive here. Did you see it …?
If I zoom out and go to , you will see the blue triangular better. It is right at the resistance and it took two years for this triangular to get formed. Now… I think it is time to break lower
The chart below is weighted average CAD and it is pretty much self-explanatory. CAD is rising…
If CAD is rising and EURO falling then EURCAD is a great trade.
Now look at EURCAD Chart and see if you can find the target. Yep it is right at the rising . I think it takes a few weeks to get there.