Eurcad could be setting for a leg lower. I have eyes on 2 potential scenarios -
1) If price goes above 1.6700, I will wait for price to reach the blue zone before selling
2) If price fails to break above 1.6700, I will wait for the black minor support line for break and retest to sell
1) If price goes above 1.6700, I will wait for price to reach the blue zone before selling
2) If price fails to break above 1.6700, I will wait for the black minor support line for break and retest to sell