EURCAD heading towards oversold area. Best to enter long after watching priceaction with momentum. Dont enter during consolidation.
In Trading market, no set numbers can be given. Market is very dynamic and we should never mistake to predict it, we can only watch its action and act accordingly. According to current momentum, volumes and considering previous high support level at 1.4408 i view it as a potential and likely buy zone. However, its my view only.