EURCAD Critical Stage1?!

FX:EURCAD   Euro / Canadian Dollar
EURCAD Seems to be in place it hasn't been in a long time.
It recently broke through a Major support level (First time in years) but it is sitting on another major support resistance level .

I am taking a bearish bias since all market seems to be bearish and technicals lead me to believe that. However I'm also having an open mind and waiting to see how it folds out. I think we can have an idea between 12 and 14 Jan

Looking forward for comments.
What do you think? What is you bias towards this analysis?

Happy trades!


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