EURCAD: Possible rebound

EURCAD, Daily

In the Daily timeframe, EURCAD moved sideways, reached the upper boundary, and bounced. The price crossed the upper Bollinger line, and the CCI showed a big overbought, which made a fall possible.

• EURCAD may be considered for a sell on a fall below 1.5110 with a target to 1.5050 and then to 1.5000;