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FxWirePro: EUR/AUD bulls rebuilding within solid support at 1.6405 
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FxWirePro: EUR/ NZD gently bid,a close above a key level needed to tighten grip 
EUR/CAD chart - Trading View
- EUR/CAD recovery capped below cloud, intrday bias bearish.
- The pair finds sellers at highs, slips lower from session highs at 1.5023 to trade at 1.4984 at 07:45 GMT.
- The pair is extending weakness for the 5th straight session, technical support further downside.
- Stochs and RSI are sharply lower and volatility is rising. Price action below major moving averages.
- The pair has retraced below daily cloud and 200-DMA, eyes trendline support at 1.4945.
- Violation at trendline support will see further downside. Bearish invalidation only above 200-DMA.
Call update: Our previous call (https://www.econotimes.com/FxWirePro-EUR-CAD-Trade-Idea-1537665) is approaching final targets.
Recommendation: Book partial profits at lows. Stay short for further downside.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
