EURCAD: Important Decision Ahead 🇪🇺🇨🇦
EURCAD remains very weak for more than 2 weeks:
the pair is trading in a narrow horizontal range on a daily.
Depending on the reaction of the price to the boundaries of the range,
I see 2 potential scenarios.
Bullish:
If the price breaks and closes above the upper boundary of the range - 1.4653