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EliteTradingSignals

EUR/CAD SENDS CLEAR BEARISH SIGNALS|SHORT

Corto
Euro/Dólar canadiense (FX:EURCAD)  
EliteTradingSignals  
FX:EURCAD   Euro/Dólar canadiense
Trend Analysis Chart Patterns Wave Analysis EURCAD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis eurcad short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

EUR/CAD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 3H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.455 area.

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