EUR/CAD break below 200-DMA and cloud, targets 61.8% Fib
- The pair has shown a decisive break below 200-DMA
- Price action has dipped below daily cloud
- Momentum bearish, RSI and Stochs sharply lower
- MACD has shown a bearish crossover on signal line and we see -ve DMI dominance
Good to stay short around 1.5220/30, SL: 1.53, TP: 1.5150/ 1.5095
- Price action has dipped below daily cloud
- Momentum bearish, RSI and Stochs sharply lower
- MACD has shown a bearish crossover on signal line and we see -ve DMI dominance
Good to stay short around 1.5220/30, SL: 1.53, TP: 1.5150/ 1.5095