DislikedYes, the 1.2800 round number seems to be acting as resistance at the moment. There is also a countertrend trendline that cuts up through the 1.2750 round number. If price gets there then it may seem reasonable to expect some back filling in that area. Time will tell all, as it usually does.Ignored
In the last 10 hours, EurCad has dropped a steady 2012 pips after dropping below gramps and granny MA's.
Aud is at 69%, while Usd has been rising steadily while I am typing from 44% up to 60%
So EurAud dropped 1100pips after crossover, and EurUsd an unimpressive 600 pips after crossdown.
Unfortunately EurCad is risky to enter so low in it's drop. Will watch and post what I see.