Won't Be Surprised To See EURCAD Breakdown Soon

EURCAD is forming a wedge/triangle on this daily chart. Of course price can breakout in either direction but I won't be surprised to see it break to the downside. Relative Strength Divergence is indicating this pair wants to run lower. Keep an eye over the next few days and into next week. We will wait for a daily close below or above one of the trendlines before taking action.

Here at Unique Forex we pride ourselves in being the World’s first “Virtual Forex Trading Floor” where we will turn ANYONE that trades with us into a profitable trader fir FREE! That’s right…for FREE! All you need to do is to fund your own trading account.

Unique Forex has a team with 40+ years combined trading experience and with our proprietary algorithm we significantly enhance the trading experience. Utilizing the two, we are able to offer some of the most powerful research on an array of currency pairs. Here you will get all of our research on some of the more popular majors like the EURUSD, but if you would like to get access to the rest of our research head over to unique4xpro.com/research.html

You can get a free trial to our signal service at unique4xpro.com

Also follow us on all of our social media:

Twitter unique4x
Snapchat uniqueforex
Instagram uniqueforex
Tune in to our daily live market insight @ 4:30 p.m. EST on Periscope unique4x