I am short on eurcad since yesterday, but the market shows less down movement than expected. I see a falling wedge forming or a bullish penant. If this goes on, I will stop my short with a small wins and watch eventually to go long. Let's see what the cad news will bring because eur news had no impact. Breaking to the down side is still possible.
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Manu76
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No wedge and no penant. Still no clear direction. News coming up soon.