EURCAD broke major uptrendline
Price rejected from downtrendline after retesting 50% Fibonacci level at 1.5525
Price is based below key level at 1.5530
Below SMA 100
Below HVN at level 1.5597
It's expected forming Bearish Elliot wave 5 to target support level at 1.5280
Price rejected from downtrendline after retesting 50% Fibonacci level at 1.5525
Price is based below key level at 1.5530
Below SMA 100
Below HVN at level 1.5597
It's expected forming Bearish Elliot wave 5 to target support level at 1.5280