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EUR/CAD Technical analysis

Short
Euro / Canadian Dollar (FX:EURCAD)  
traderpulse  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Wave Analysis priceaction bearflags
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trendanalysis waveanalysis priceaction bearflags
From the trendline, the pair made a strong impact move and then formed a corrective structure.
With the completion of ABC waves, the pair is poised to kickstart its next bearish rally.
Hence, we expect the pair to move to the support levels at 1.50379 and 1.49305.
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