EURCAD on 1st week of SEP 2018

Overall the movement is still bullish, after seeing the daily rejection on 1.5200... price quickly find new support on next 2 days and reverse back to upside... this week will anticipate price to break above 1.5200 to create a new high... before going back to actual long term move to downside.

Any news will escalate the price movement forward to the respective resistance zone and supply zone.. something to take note with.
Thank you.

Analysis on Fundamental:
in my opinion, Euro zone still in deep mess after brexit... Euro zone trying lot of trick to boost back up the economy or i should say keep floating it while continue to suffer... given the euro zone data releases are major in temporary pain killer relief.
while CAD is doing much greater than Euro zone oil price continue to move up slowly... and more further strengthening effect on CAD to expand their economy activities within.

Trade safe with risk management. On Guard on your doorstep.