Friday, 20 June 2014

EUR/CAD Analysis

Bearish pinbar candles on daily timeframe, trend down, moving averages pointing down and still diverged, 14737 support previous resistance holding, 38.2 fib retrace approaching on monthly timeframe. Order to go SHORT as per below: STOP: 14774 ENTRY: 14738 LIMIT: 14630 RISK/REWARD: 3/1