EURCAD May Be Range Bound

Hello fellow risk-takers

Timid, uninterested, directionless, jumpy, and erratic are words that describe price action around the month of December. Tight risk management principles should be applied to get by until the year 2022.

The pair is EURCAD and range-bound price action may be in play. However, overall, the pair is bullish for retracement that seems to be in the works. I do not expect price to form another new low until it complete its extended retracement.

Trade well and take care.