This morning we have an opportunity to sell the USDCAD and EURCAD.As we can see on the USDCAD price is finding it hard breaking pass the resistance zone and at the moment the market is in a bearish bias.So we should look for an opportunity to enter a sell and for price to move further south
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Similarly,the same scenario is being play-out on the EURCAD price broke pass a support area now resistance and made a nice pullback to the resistance area,creating nice opportunity for a sell trade.
Entry point will be posted in the comment box below:
Sell the the EURCAD for a 40pip TP Now!
If you took the sell signal on EURCAD,you should be in profit now by about 20+ pips…See image below:
[image src="https://3.bp.blogspot.com/-ebiJnfoo2Eg/VvJrLEJyDII/AAAAAAAABlE/p3ymCAdLYzAX0Tj9WQGClzF8ZO90I8fHA/s1600/ED.png"/%5D
We're having another opportunity for a sell trade on EURAUD…Let see how it goes.
[image src="https://4.bp.blogspot.com/-EeexaoRgrAk/VvJzHwlmPCI/AAAAAAAABlU/7T2mIfw1XgQK7ZLcPd1xpJSeuGkzUD2iw/s1600/ED.png"/%5D
trade set up terminated
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