EUR/CAD heavily bearish atm and just broke out of a major daily support last week. Trend is with high probabillity going to continue its bearish move if it comes up to this level. So at this level I'm looking for a bearish comfirmation setup to short EUR/CAD.
PS: Don't use this as a signal, but rather a level to watch out for, and only trade if it fits your trading plan/strategy. Remember Support/Resistances is not a fixed level drawn on a chart, but a zone which price can go above and beyond before reversing. Wait for comfirmation before trading.