EUR/CAD - Bearish Flag (20.11.2025)

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EUR/CAD - Bearish Flag (20.11.2025)Euro/Canadian DollarFX:EURCADKABHI_TA_TRADING🧠 Setup Overview EURCAD EUR/CAD is forming a clean Bearish Flag Pattern after a strong impulsive drop. Price is trading below the EMA, inside a rising corrective channel — a classic continuation structure. With cloud resistance above and repeated rejections from the upper flag boundary, bearish momentum is building. A confirmed breakdown below the lower trendline could trigger the next bearish leg. 📊 Trading Plan🔻 Sell Bias (Primary Scenario) Watch for a candle break & retest below the flag Enter short after confirmation 🎯 Targets: 1st Support: 1.6137 2nd Support: 1.6109 ❌ Invalidation: A strong candle close above 1.6230 cancels the bearish view ⚡ Fundamental Outlook – Today (20 Nov 2025) CAD Fundamentals 1️⃣ Canadian Dollar strengthened as crude oil prices saw a mild rebound, supporting CAD (commodity-linked currency). 2️⃣ Bank of Canada remains cautious, but no new signs of easing have emerged — giving CAD some underlying firmness. EUR Fundamentals 3️⃣ Euro under pressure due to rate-cut expectations in early 2026 as European economic data remains soft, especially in manufacturing. 4️⃣ Risk-off sentiment pushes flows toward safer currencies, indirectly affecting EUR negatively. ➡️ Fundamentals support a continuation move lower for EUR/CAD. #EURCAD #Forex #BearishFlag #PriceAction #TechnicalAnalysis #EUR #CAD #ForexTrader #TradingSetup #KABHI_TA_TRADING #ChartsDontLieTradersDontQuit #TradingViewCommunity #SupportAndResistance #BreakoutStrategy ⚠️ Disclaimer This analysis is for educational purposes only. Not financial advice — always use proper risk management. 💬 Support My Work ❤️ If this setup helps you:👍 LIKE the post💬 COMMENT your view🔔 FOLLOW for daily setups Your support motivates me to keep posting high-quality analysis!