Inside the Currency Market: EUR/CAD

EUR/CAD. Bottom 1.4844. Range break above 1.5068, Below 1.4735. Overbought sell point 1.4969. Strategy Longs above 1.4918, Target 1.4969, Then reverse short to 1.4944 then 1.4918.

Shorts below 1.4918, Target 1.4881. Bottom breaks at 1.4844 then 1.4789 and 1.4735. Point 1.4881 must break to go higher to target 1.4918 and higher. Points on the way down, 1.4889, 1.4892, 1.4885, 1.4881, 1.4862, 1.4844 then 1.4789, 1.4735.

Brian Twomey, Inside the Currency Market, btwomey.com

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