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Long EURCAD: Potential move back to the 1.50000/500 area (SnD)
To build up on the analysis conducted this morning; the price action and Volume confirmations have been printed out at NY open with the Retail Sales and Core Retail Sales news that came out of the US around 14h30.
The market is expected to head back to the 1.50000 area and if the potential Supply zone does not hold, it is expected to head to the 1.50500 area.
The market is expected to head back to the 1.50000 area and if the potential Supply zone does not hold, it is expected to head to the 1.50500 area.
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