EURCAD has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 4 days and suggests a possible target level to be around 1.5689 within the next 15 hours.
EURCAD may be on a start of a new bullish trend after its breakout through this important resistance level
