EUR/CAD has shaved some of its recent gains and was basically bearish last week. However, the pair is now retesting last week's low at 1.48682 and simultaneously will come into the range of a significant demand area. This goes against the immediate bearish trend, but there is a case for bullish reaction from 1.48550 - 1.48500. Let's see how it goes.
Please, Do your own analysis. THIS IS NOT FINANCIAL ADVICE!!