EUR/CAD SHORT FROM RESISTANCE

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Bearish trend on EUR/CAD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.487.

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I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
Bearish PatternsChart PatternsEURCADforecastForexSELLshortsignalsswingtradingTrend AnalysisWave Analysis

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