I am short on eurcad since yesterday, but the market shows less down movement than expected. I see a falling wedge forming or a bullish penant. If this goes on, I will stop my short with a small wins and watch eventually to go long. Let's see what the cad news will bring because eur news had no impact. Breaking to the down side is still possible.
Trade closed manually
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Comments
Manu76
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No wedge and no penant. Still no clear direction. News coming up soon.