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EliteTradingSignals

EUR/CAD BEARISH BIAS RIGHT NOW| SHORT

Short
Euro / Dollaro canadese (FX:EURCAD)  
EliteTradingSignals  
FX:EURCAD   Euro / Dollaro canadese
Trend Analysis Chart Patterns Wave Analysis EURCAD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis eurcad short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

EUR/CAD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 4H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.468 area.

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