EUR/CAD has recovered slightly after making a low of 1.38822 and short term trend is bearish as long as 1.4150 holds.
On the upside break above 1.4150 will target 1.4210/1.4280 in short term. The pair’s minor support is around 1.3980 and any indicative break below will target 1.3880/1.3790.
Indicator (4 Hour Chart) CCI (50) – Sell CCI (14) – Buy Ichimoku- Buy
Recommendation: Sell EUR/ CAD around 1.4060, SL 1.4150, Target 1.3855.