EURCAD – Trading around an important level
The EURCAD is trading near a LT level around 1.4314, when looking at the short term charts, it looks like this:
I’m currently waiting for the EURCAD to break either side of the range. If it breaks 1.4366 for the upside, it will trigger a bullish condition and only long opportunities are in play. If it breaks 1.4376 down, it will be bearish and short opportunities are in play.