josh869

EURCAD GOING LOWER

Short
FX:EURCAD   Euro / Canadian Dollar
Hi guys, so looking at EURCAD on the weekly, price is bearish and on the daily price is ranging, and we have been able to see price create a new higher high on the daily.

Now there has been attempts to break above the new high which has failed, what i now see on the 4 H time frame is a head and shoulder pattern which will push price to the downside.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.