Wohlstandfx

EURCAD - BEARISH TREND

Short
OANDA:EURCAD   Euro / Canadian Dollar
DESCRIPTION:

The counter EURCAD is maintaining its price below the flat-top resistance line at the price of 1.5379. The resistance line has been tested twice . Today the counter hit the resistance line and the price started falling downwards. The resistance line is very strong so that the counter can't able to break the line. The downpour of the price indicates the bearish trend of the counter may continue further. The stochastic indicators are at level 80 which gives additional support to the description.

Major Levels of this counter:

R2 - 1.5453
R1 - 1.5416
PP - 1.5353
S1 - 1.5317
S2 - 1.5254

Comments

sl:?
Reply
Wohlstandfx TargetHit
@TargetHit,

Dear Target Hit,

The ultimate motto of the Wohlstandfx is to induce the traders to execute their trades on their own. The reports we providing are just a showcase of the best opportunities, so it's best to decide your stop loss respective of your risk management.

Thank you.
Reply
TargetHit Wohlstandfx
@Wohlstandfx, ok thanks
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out