The EUR.CAD is one currency pair on this evenings watchlist. Once my entry criteria has been met we will set a sell stop order and await a clear break.
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Bearish RSI divergence has formed
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A breakout to the EMA has now occurred, i will await a break above 1.4010 prior to looking for pullback and long opportunity.
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We have now seen a strong impulse to the upside, i will now await a pullback and continue to look long on this pair.