EURCAD: Pullback Depth Depends on Euro Data

📊 EURCAD has been trending strongly to the upside, and my overall bias remains bullish 📈.
📰 That said, we have a key data release scheduled within the next hour or two that could provide direction for the euro.

🔎 If the data is positive for the euro, I’d expect only a shallow pullback before continuation. If the data comes out negative, we could see a deeper retracement before buyers step back in.
📈 Despite this, the higher timeframe structure is firmly bullish. My plan is to wait for the news release, watch for the pullback, and on the 30-minute chart, look for a bullish break of market structure to time an entry 🚀.

⚠️ Disclaimer: This analysis is for educational purposes only and not financial advice. Always trade responsibly and manage risk appropriately.