Hello Traders, I’m Mani and I’m the writer of Trade 77 section, please follow me on twitter for further updates.
EURCAD was sharply down and now it’s exactly at the daily trendline:
Also it’s going to bounce off the 1.618 fibo extension. But if assume that an ABCD pattern going to be formed it might fall to 1.3400.
For now I expect it to go at least to somewhere around 1.3530 and 1.3545 before any other moves.
Keep it tight as tomorrow we have a holiday on US.
UPDATE(1 hour later) : I saw some different charts in different plaforms, so I don’t like to go long here and will wait for some confirmations.
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