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EUR/CAD has made a low of 1.4160 yesterday and started to recover from that level. It is currently trading around 1.4385.
- The pair is facing support around 1.4140 (trend line joining 1.4378 and 1.4258) and any further weakness only below 1.4140.
- The major resistance stood at 1.42750 (trend line resistance ) and break above confirms intraday bullishness , jump till 1.4300/1.4320 is possible .
- On the downside minor support is around 1.4230 and break below targets 1.4190/1.4145.
It is good to sell on rallies around 1.4235-40 with SL around 1.4280 for the TP of 1.4190/1.4145
