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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 in the uptrend because previous week’s candle is green, while the price is clearly rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.466 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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