EurCad Short Forecast

The EUR/CAD currency pair chart shows that at the end of the trend (relatively), the pattern of head and shoulder has been formed and, given the failure of the neck region, this pattern has been confirmed. According to this pattern, the price is as high as the height (The distance from the peak to the neckline) decreases from the neckline (as shown). In addition, the price returned to the neck after the defeat and "PULL BACK". With this state of affairs, expect a downward trend.