Despite taking some losses on EUR/CAD from Wednesday's trades, yesterday I was still trying to get long EUR/CAD and got burned again. However since than I've changed my opinion on this pair and I think there is room for another leg lower before going up again. And yesterday I tried to go short as well but unfortunately my timing was so awful I ended up getting stooped out. Cumulative losses from all my long attempt have been eating from my account balance quite a lot, as I had more than -100 pips losses

Figure 1. EUR/CAD 5 Minute Chart

It seems that the CAD strong seasonality pattern is playing his card here and we should wait until end of Jun to look again for longs in this pair

Best Regards,
Daytrader21
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