EURCAD – Still bearish

Written by Raul Lopez on . Posted in Trades & Analysis. 3 Comments

Looks like the EURCAD wants to resume its bearish market condition, it was already in a bearish condition but it retraced back a bit putting all short opportunities on hold:

I’ll start looking for short opportunities once it breaks the LT support level down (green lower level).

Trade Safe!

Raul Lopez
Forex Training

Tags:

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .
  • Anonymous

    or perhaps around 1.4025 area..!

    • Hello Smi,

      Good luck with your trade… I wouldnt try a short in the EURCAD unless it breaks the ST support level, if it doesnt break it it might continue its way up until it finds the next LT resistance level… But thats just the way I see it…

      Good luck!

      Raul

  • Anonymous

    looking to go short around 1.4039 area….

ProTradingNow

Free Education

Other

Contact

info@protradingnow.com