BKForex ZIP entry at 1.4930. Now 90 pips lower
These were the fundamental + techincal reasons why I like selling EURCAD:
ECB meets this week. No talk of taper anticipated which is -EUR
EZ data mostly weaker including GE trade and IP
Bank of Canada tapers asset purchases
Canada reopens travel border with US which should boost economic activity
Oil prices rebound for second day in a row
EURCAD ZIP sell zone
EURCAD below 20-SMA on 4 hour and 1 hour charts
These were the fundamental + techincal reasons why I like selling EURCAD:
ECB meets this week. No talk of taper anticipated which is -EUR
EZ data mostly weaker including GE trade and IP
Bank of Canada tapers asset purchases
Canada reopens travel border with US which should boost economic activity
Oil prices rebound for second day in a row
EURCAD ZIP sell zone
EURCAD below 20-SMA on 4 hour and 1 hour charts