EURCAD: Bearish Trend Continuation 🇪🇺🇨🇦

٣ مايو ٢٠٢٢

Hey traders,

EURCAD is trading in a bearish trend.
Setting a new structure low last week, the pair retraced to strong resistance.
On that, the price formed multiple dodji candles, and then the pair formed a double top formation.
Its neckline breakout confirms a highly probable bearish continuation.

I expect a down move to 1.34

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٤ مايو ٢٠٢٢

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