Jimbololoy

EURCAD, bearish channel Retest

Long
FX:EURCAD   Euro / Canadian Dollar
EURCAD broke out the bearish trendline/channel last week. And currently is retesting the trendline as support.

Has pretty good long lower wicks, showing there's demand at the key area.
May be bearish, if broke down the trendline, and may continue to consolidate.



You can check my past analysis about Eurcad before below.


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.