FX:EURCAD Euro / Canadian Dollar
In my humble opinion I believe EURCAD is awaiting a new leg to the upside. Resting on 1.5050 as a region of support four daily candles failing to break this price region. Post breakout the following weekly candle was not of a strong type with an upside wick signaling buying pressure amongst the noise. If however there is a strong daily break & closure below 1.5050 with properties this invalidates this bias and I will carry on with my normal everyday life without a care in the world!