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EURCAD - Question - Where to and why?

Looking forward for you comments - Watch out high impact news in 30 min



2 comments

2 Comments



Where: maybe tp1 at the top of the first support zone, tp2 at fib 161.8 and tp3 at the top of the 2nd support zone

Why: price got rejected at resistance zone (shown in orignal post). Furthermore a larger dn trend with 3 recent subsequent push dn are present

EDIT: and BAMM then the CAD news came...

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I agree with the Short, I was looking more of analyzing the 1HR chart. I think the news up move is temporary.

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