One more idea: EUR/CAD. That huge pinbar on the top is nothing else but signal that market makers just basically topped up their short positions in order to get profits later. Price has already touched fib level 50 so it seems that makers trying to sell off little by little. I presume makers will top up (long positions) later at the very bottom. Anyway this is only idea, can be different scenario.
NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.
