Inside the Currency Market: EUR/CAD

Last Trade this morning. Short 1.4954, Bottom broke at 1.4878 and hit 1.4745 lows.

EUR/CAD. Bottom. 1.4717. Range break above 1.4910, Below 1.4672.Overbought sell point 1.4867, 1.4904, 1.4941. Strategy. Longs above 1.4792, Target 1.4867. Then reverse back to 1.4829. Points on the way up, 1.4798, 1.4832, 1.4839, 1.4867, 1.4904, 1.4941.

Shorts below 1.4791, Target 1.4754. Watch reverse long to 1.4791. Break then heads lower. Points on the way down, 1.4778, 1.4774, 1.4757, 1.4754, 1.4735, 1.4717 Bottom.

More trades posted over weekend.

Brian Twomey Inside the Currency Market, btwomey.com

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