EURCAD Intraday analysis on dated 12-6-2019

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair stands below its 20 and 50 day moving average’s [Respectively at 1.50080 and 1.50080]

Recommendation: Sell/Sell limit @ 1.50450 Target: 60 pips

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