EURCAD FORECAST

Traders, this pair is looking promising. The price shows that it has failed to continue pushing to the upside after failing to break the potential highs and closing above. It has given us the indication that it is likely to drop to the downside after breaking all lows impusively, guys whenever we have a failed continuation like this, the failed structure becomes a volume for the price to move to a long distance that's why we expect more of a selling momentum to come ahead.