EURCAD – Definitely Bearish

The EURCAD is trading in a very strong bearish market condition, it was rejected from an important LT resistance level and just broke through an important support level:

The next LT support level is at 1.3593, around 280 pips away from where the market is trading right now. I will be looking for short opportunities in the EURCAD.

In the ST charts it is also trading below every important level.

Trade Safe!

Raul Lopez
Forex course

EURCAD Analysis

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 .