I’m seeing a short-term descending trend line connecting the latest highs of price action, and the 50-61.8% Fib levels line up with an area of interest between 1.4100-1.4150. I haven’t put short orders yet since I plan on watching how the pair reacts to these levels before hopping in.
I’m eyeing a potential short around 1.4100-1.4050 because its a strong versus a weak currency pair soo i am waiting for the pullback setup on EUR/CAD
I’m eyeing a potential short around 1.4100-1.4050 because its a strong versus a weak currency pair soo i am waiting for the pullback setup on EUR/CAD