Navigating the Market : EURCAD 27/9
I am intraday bearish bias for EURCAD. I have fundamental rationale to be bearish on the Euros but I don't for Canadian as of now.
The daily range yesterday was 61 pips whilst the 20-day ADR was 63 pips. I consider that as a hit. However, there is still more "space" to fill for this pair hence I am targeting the 20-week AWR downside projection.
I look for a tiny correction to the upside before considering to short EURCAD
There are no risk events for Euro and Canada
The daily range yesterday was 61 pips whilst the 20-day ADR was 63 pips. I consider that as a hit. However, there is still more "space" to fill for this pair hence I am targeting the 20-week AWR downside projection.
I look for a tiny correction to the upside before considering to short EURCAD
There are no risk events for Euro and Canada
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