EURCAD Buy at 61.8 and trendline support

2019-11-25 17:30:22

Price has been correcting downwards to a key support trendline and the 61.8 fib level. This area will provide a low risk buying opportunity if we get a bullish engulfing candlestick and a structure break on lower timeframes. If price breaks below both, bias will shift to short and we'll look for a retest entry.