EURCAD has been largely sideways within a channel in the 1 Hour TF.
Looking for breakouts in either direction to offer some clue as to what's next in store for the Euro.
The daily EURUSD shows a wave structure that supports another leg higher towards 1.18, this chart may provide clues as to when to enter in on that trade. An upside break here in the next couple of days can signal that the lows in EURUSD have already occurred, a rejection from the top here will signal a move lower in the EURUSD as well as it is struggling to take out weekly highs at the same time.
Looking for breakouts in either direction to offer some clue as to what's next in store for the Euro.
The daily EURUSD shows a wave structure that supports another leg higher towards 1.18, this chart may provide clues as to when to enter in on that trade. An upside break here in the next couple of days can signal that the lows in EURUSD have already occurred, a rejection from the top here will signal a move lower in the EURUSD as well as it is struggling to take out weekly highs at the same time.
