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EURCAD, Short Possibility

Kort
Euro / Kanadensisk dollar (OANDA:EURCAD)  
wickywicks  
OANDA:EURCAD   Euro / Kanadensisk dollar
Trend Analysis Chart Patterns EURCAD eurcadshort
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trendanalysis chartpattern eurcad eurcadshort
Fundamental View
EU has procrastinated the COVID-19 relief package and that's what made it bearish for a while.
CAD on the other hand been considered as OIL'S pair, started declining which made EURCAD to rise.
Technical View
Broke Bearish channel and seems like retracement has occurred fully. Expecting a short from here.

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