EURCAD: Bearish Move From Key Level 🇪🇺🇨🇦

Short

Euro / Canadian Dollar (OANDA:EURCAD)

Updated

OANDA:EURCAD Euro / Canadian Dollar

Pivot Points Head and Shoulders Elliott Wave euro canadiandollar EURCAD priceaction priceactionanalysis priceactiontrading priceactionstrategy

pivotpoints headandshoulders elliottwaves euro canadiandollar eurcad priceaction priceactionanalysis priceactiontrading priceactionstrategy

snapshot

EURCAD reached a key daily structure resistance.
On that, the price formed a cute head and shoulders pattern on 1H time frame.
Then the price broke and closed below its neckline.

I expect a bearish move to 1.3666 / 1.363 levels.

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Check my new idea on ADAUSD:

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