EURCAD...SHORT (67 Pips)

23 בינו׳ 2023

With the recent rally of a barrel of oil, fundamentally the CAD should rally as well. But the dominance of the Euro has made a bit slower process, Technically, looking out fro a short sell on ECAD to its consolidated price zone on 13th Jan, when price was just trading a around my pivot point at 1.45010.

NB: A clear breakout from the breakout zone (Blue Box Region) will accelerate the process!!!