EUR/CAD has retreated after making high of 1.4169 and overall trend is weak as long as support 1.4175 holds. The break above 1.4175 would extend gain to 1.4210/1.4270 in short term. Minor support is around 1.4000 and break of will take the pair to 1.3850. Short term reversal only above 1.4175. Indicators Ichimoku (9, 26, 52, 26) - Sell MACD (12.26.9) – Sell
Recommendation: Sell EUR/CAD around 1.4065-70, SL 1.4175, Target 1.3880.