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EUR/CAD SELLERS WILL DOMINATE THE MARKET|SHORT

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Euro / Kanadensisk dollar (FX:EURCAD)  
EliteTradingSignals Uppdaterad   
FX:EURCAD   Euro / Kanadensisk dollar
Trend Analysis Chart Patterns Wave Analysis EURCAD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis eurcad short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

The BB upper band is nearby so EUR-CAD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.461.

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I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
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