Scott_The_Chartist

EURCAD - Sliding Lower

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FOREXCOM:EURCAD   歐元 / 加元
EURCAD - My "pair nobody wants" continued its downtrend this week - making entries difficult; at least for myself.
(Regretting closing my short entry at 1.50715)

Fundamentals this week supported further movement in the current direction, from my point of view. Risk off! (Well never, but its lower)

If the week ahead stays within boundaries Ill be looking for something like this to play out - seems probable we can push up to 1.445 area. Would be interested to see if we get a decent reaction there..

Patiently waiting for Thursday afternoon/evening. If you took the time to read this, take a look back at that time for yourself - nice coupler with your other technical preferences, if they so fit there.

Happy Trading - Stay Agile

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