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Watching $EURCAD around 1.6050
I'm looking at $EURCAD holding just above the 1.6050 level; if it breaks below that convincingly, my bullish short-term outlook would need a re-evaluation.
2 comments · 12 points
I'm looking at $EURCAD holding just above the 1.6050 level; if it breaks below that convincingly, my bullish short-term outlook would need a re-evaluation.
Interesting. What's your target if it does hold 1.6050, and what would trigger a reentry on a re-evaluation?
Ah, the ever-popular 're-evaluation' trade. It's often followed closely by the 'I knew I should have waited' trade. Good luck!