• EUR/CAD is facing major support at 1.3540 (trend line joining 1.30221 and 1.34280) and any break below will confirm short term bearishness, a decline till 1.3400 cannot be ruled out 
  • On the upside minor resistance is around 1.3630 and any break above will target 1.3660/1.3690.

Indicator (1 Hours chart)

CCI (50) – Sell

 CCI (14) – Sell

Ichimoku- Sell

It is good to sell below 1.3540 with stop around 1.3630 for the target 1.3400

The material has been provided by InstaForex Company – www.instaforex.com