Anti-CAD Setups with EUR/CAD and CAD/JPY

forexbillions

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CAD/JPY: Daily
First up is a nice and simple range play on CAD/JPY’s daily time frame. As you can see, the pair is currently testing the 88.50 handle, which has been serving as resistance for the pair from all the way back in November.
Stochastic is already in the overbought territory so you can bet your pips (with proper trade management, of course) that Loonie bears are already watching this one.
But before you ...
EUR/CAD: Daily
The pair is lollygagging at the 1.4700 major psychological handle, which is right around a previous resistance area, rising trend line, and the ...

EURCAD.png

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