EURCAD appears to be prepping to sell.
Using the previous days highs and lows we were able to see the market in a continuous down trend. Hoped to see a significant retracement and a push back to the downside. It appears so far to be a correct prediction!
Note the bullish exhaustion right around the 61.8% fib level.
Using the previous days highs and lows we were able to see the market in a continuous down trend. Hoped to see a significant retracement and a push back to the downside. It appears so far to be a correct prediction!
Note the bullish exhaustion right around the 61.8% fib level.