EURCAD

This was one of the pairs that we had on our radar over the weekend & as you can see to start the week we ended up violating the neckline of the Head & Shoulders which confirms the pattern. As a result my expectation is the price will continue higher to the 2 potential levels of structure above marked in green. If we are to continue higher I can see us doing so in 1 of 2 ways.

1) A breakout to the upside & 2) a pullback into the neckline which may act as a new level of structure support.

Wishing you guys an awesome week in the markets

Your Trading Coach - Akil