EURCAD 16 DEC 2019
Even the price started to reject at 200MA but the major trend is still in a downtrend situation.
We can see from the graph that a lower high started to form in last week, thus, we might see a continuous bearish in coming weeks.
Also, take note that coming week is a holiday period of Christmas and New Year Fest, price action might react slowly.
We can see from the graph that a lower high started to form in last week, thus, we might see a continuous bearish in coming weeks.
Also, take note that coming week is a holiday period of Christmas and New Year Fest, price action might react slowly.
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