EURCAD Chart Technical Outlook moving lower to complete the Crab at 1.4614
We have seen an aggressive move to the downside since posting a swing high of 1.4891 on November 18. This is due to CAD strength and not EUR weakness. I have a support level located at 1.4618. We will complete a bullish Crab formation at 1.4614. This cross is on the watchlist for a buying opportunity (at lower levels).
