EURCAD seems to be in a good spot to open the week as it closed Fri at BRN 1.3500.
Nicely confluenced area - BRN, strong previous resistance, 150 ema, trendline and 50 retracement. A nice pinbar on Monday with a close below 1.3500 would be nice.
Also gotta be ready for 1.3500 to act as resitance (Fiday bar is strong looking BUOB with a nice close a few pips above the BRN).
Nicely confluenced area - BRN, strong previous resistance, 150 ema, trendline and 50 retracement. A nice pinbar on Monday with a close below 1.3500 would be nice.
Also gotta be ready for 1.3500 to act as resitance (Fiday bar is strong looking BUOB with a nice close a few pips above the BRN).