kvmev / EURCAD outlookEuro / Canadian DollarCMCMARKETS:EURCADkvmevPrice has been strongly bearish for a few months now. Looking at the daily/h4 time frame, we can see that the HH's have come to an end. Price has been consolidating for a while now unable to break above 1.62000 and has also closed below the descending trendline. Will be waiting for price to retest and reject 1.60900 to enter a short position. ___ Disclaimer: The content shared is for educational and informational purposes only and does not constitute financial, investment, or trading advice. I am not a licensed financial advisor. Any actions you take based on this content are done at your own risk. Past performance is not indicative of future results.