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EUR/CAD has made a low of 1.4197 yesterday and started to recover from that level. It is currently trading around 1.4300.
- The pair has taken support near trend line 1.4197 (trend line joining 1.4378 and 1.4258) and any further weakness only below 1.4190.
- The major resistance stood at 1.4370 and break will take to new level around 1.4500.
- On the downside minor support is around 1.4290 and break below targets 1.4270/1.4250.
It is good to buy at dips around 1.4300 with SL around 1.4270 for the TP of 1.4370/1.4425
