MichaelWidjaja

Downtrend still remain ?

Short
FX:EURCAD   Euro / Canadian Dollar
Eurcad daily time frame
I see some interesting move in this pair.
Eur is still strong in this point, but in my opinion this pair still go for the downtrend.
1. Price has been stop in the trend line.
2. Price has been stop in the weekly resistance.

So this is my opinion :
I'm going SHORT in this pair.

Entry : Around 1.52000
Stop loss : Around 1.52600
Take profit : Around 1.47700

Ur very welcome to give me a comment.

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