We notice that the pair made a fake breakout of the major resistance of the daily channel. According to this, a clear reintegration of the channel can be seen now. As a matter of fact, we think that EURCAD will go short at least until 1.46 then 1.44 in order to reach the next major support.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.