Short EURCAD

11 thg 10, 2021

SELL SELL SELL, Sell as a continuation trade from the previous 2-3 weeks. We have a support around 1.4330 but I can see the market breaking this support as the selling pressure exceeds the demand. Fundamentally, CAD is the strongest currency of the past few weeks and as the energy price is increasing. (which supports CAD) This is a position trade and could last few weeks.