The bearish signal on EurCad arrived in September 2014 but at that time the market began to show uncertainties on its low (1.42) with an up and down that culminated in March with a final bearish break that we can now consider as archived. The Macd of the last 20 years has never lied about the future development of the cross with waving movements that (except in the case of 2003 that, however, after a few months recurred effectively) have always well accompanied bullish and bearish phases. After a Macd above the extreme upper horizontal line and the subsequent bearish confirmation with the cutting of the signal line from top to bottom, the bearish phase of EurCad has always historically closed with the oscillator close to the lowest and negative part, characterized by the other horizontal line. Theoretically, there is still a long way to go downward for EurCad.
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