EURCAD – Sellers trending continuation
Trend: Sell/Neutral
Support/Resistance:
R2: 1.45330
R1: 1.44905
S1: 1.44756
S2: 1.44357
S3: 1.44205
Price action:
This case might be for amaterur very tricky. As you can see buyers didn't give us reaction, so the next target for sellers is recent Lower Low and might be even deeper to 1.44357 level.
Potencial trade idea:
Bears targets:
T1: 1.44357
NOTE – We are trading EURCAD via the preferred trading setups by EliteFxAcademy
Trend: Sell/Neutral
Support/Resistance:
R2: 1.45330
R1: 1.44905
S1: 1.44756
S2: 1.44357
S3: 1.44205
Price action:
This case might be for amaterur very tricky. As you can see buyers didn't give us reaction, so the next target for sellers is recent Lower Low and might be even deeper to 1.44357 level.
Potencial trade idea:
Bears targets:
T1: 1.44357
NOTE – We are trading EURCAD via the preferred trading setups by EliteFxAcademy