Trading EURCAD with these two scenarios, The downtrend of EURCAD can see the confirmation with few bearish candlesticks on the top of the trend; however we still see the market not going up to the supply level in the history yet.
For my own view I am bearish this trading pair with these two scenarios. 1. Non-Commercial is reducing long positions on EUR 2. Non-Commercial is building up more long position on CAD