EURCAD – October 28th

I think it is time to short the EURCAD, I have my entries in since this morning and I am looking for a 300 to 400 pip move lower which would retest its new support and former resistance level. Be careful should you decide to trade this currency pair as it is prone to volatile moves and those with tight SL should not bother trading this. Do your own analysis and see what you come up with, but I am riding it lower.