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shercard

EURCAD 240 Short

Short
Euro / Canadian Dollar (FOREXCOM:EURCAD)  
shercard  
FOREXCOM:EURCAD   Euro / Canadian Dollar
Trend Analysis
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trendanalysis
Price is currently at a support area and a price reversal zone. It appears to be continuing with the downtrend it has not surpassed the previous high of 1.53000. Based on price action I do not see it rising to that previous high which would signal a reversal. I have already entered this short position. SL 1.53017 or 1.52372
TP1: 1.51187
TP2: 1.50665
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