The Euro Canadian Dollar.

Good evening Dynamic Traders,

Tonight I am looking at a possible short developing on a lower timeframe of the EURCAD, for hopefully some quicker profits but also smaller before locking in profit should it happen.

If the trade arises I shall manage well according to my rules for such a trade, and do know there is news out tomorrow regarding both sides of this cross.

Look at all the pros and cons for this trade including recent possible DB/123 and price in relation to HTF V.I.'s etc.

I shall look later to see if it can be traded but ensure to do your own analysis before taking any trade.

Charts courtesy of AdvancedGet.

Good luck.

Clayton Farnworth.