Looking up on daily & 8 hr; gets a feeling a move to 406X or around is right around the corner.. Extended supp runs as low as 100 pips lower to 396X-7X.. For now 406X likely coming into play and rather sooner with buyers likely to emerge to it. The lvl comes in as a channel base and can see price propping back towards 1.44 handle. Overall picture is bearish for a possible H&S pattern looms on the pair..
i.imgur.com/i8E9cd2.png EURCAD - Daily - 50XX break pretty much wanting to make the full tgt run to around mid 40XX