Happy Sunday Traders
EURCAD-
Price is currently at the Monthly Resistance Zone. During the week, this pair pushed up due to the EURO strength. This area that the EURCAD has tested multiple times in the past as resistance and is possibly an area that we could see a nice Counter-Trend bounce out of this market. For that reason, I will be looking in this area for possible short trades this week.
Weekly Resistance Zone- (1.55190-1.61760)
EURCAD-
Price is currently at the Monthly Resistance Zone. During the week, this pair pushed up due to the EURO strength. This area that the EURCAD has tested multiple times in the past as resistance and is possibly an area that we could see a nice Counter-Trend bounce out of this market. For that reason, I will be looking in this area for possible short trades this week.
Weekly Resistance Zone- (1.55190-1.61760)