EURCAD Still below very important mirror and key level @ 1.4720
volume profile show that pair tried many times to break 1.4670 but could’t
H4 chart show fake breakout at level 1.4660 with MACD divergence ( Bearish signal )
EURCAD Still below very important mirror and key level @ 1.4720
volume profile show that pair tried many times to break 1.4670 but could’t
H4 chart show fake breakout at level 1.4660 with MACD divergence ( Bearish signal )
I don’t like the risk profile shorting the Euro against majors right now. Especially with the EURGBP shorts due to take profits to be re-denominated into Euros. EUR could breakout of range any week.