EURCAD is approaching our first support at 1.5320 (horizontal pullback support, 61.8% Fibonacci extension, 38.2% fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 1.5618 (horizontal swing high resistance, 61.8% fibonacci retracement).
Stochastic (34,5,3) is also approaching support and we might...