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EURCAD; RETEST AND CONTINUATION!
HELLO TRADERS
before we take a look at EURCAD lets first take a look at the C.O.T data on EURO FX which shows that the hedgefunds have added 24,000 longs on euro the largest in the last six months
also the EURO index has broken out of the channel indication continuation higher
now back to EURCAD, After breaking out and retesting support at 1.34600 we expect continuation higher
BREAK BELOW 1.34250 WILL MAKE THIS ANALYSIS INVALID
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before we take a look at EURCAD lets first take a look at the C.O.T data on EURO FX which shows that the hedgefunds have added 24,000 longs on euro the largest in the last six months
also the EURO index has broken out of the channel indication continuation higher
now back to EURCAD, After breaking out and retesting support at 1.34600 we expect continuation higher
BREAK BELOW 1.34250 WILL MAKE THIS ANALYSIS INVALID
IF YOU LIKE THIS IDEA GIVE IT A BOOST SO IT REACHES MORE PEOPLE
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