EURCAD is heading towards the resistance line of a Ascending Triangle. If this movement continues, the price of EURCAD could test 1.5696 within the next 17 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
EURCAD is quickly approaching the resistance line of a Ascending Triangle. We expect either a breakout through this line or a rebound.
