Euro / Canadian Dollar
Short

EURCAD: Back to Bearish Trend

576
snapshot

hey traders,

It looks like EURCAD is returning back to a long term bearish trend.

After a local consolidation from the beginning of March, the price finally breaks a current low, setting a new lower low on 4H.

Now I expect bearish move to 1.4722

For entries, consider the local area between a falling trend line and a broken structure.

Please, support this idea with like and comment.

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