EURCAD shorting opportunity

FX:EURCAD   Euro / Canadian Dollar
EURCAD             in a downward channel , currently in consolidation. Looking for a breakout downwards with the trend if price makes it back up to highlighted structural resistance. No clear structural support in sight, will be looking for a 1.27 extension of the last price drop, lines up with .5 retracement of weekly impulse upwards.
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