EUR/CAD Breaks the Wedge – Bearish Momentum Unleashed

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EUR/CAD Breaks the Wedge – Bearish Momentum UnleashedEuro / Canadian DollarCMCMARKETS:EURCADElrouby --- After consolidating within a clear wedge formation, EUR/CAD finally broke below the pattern during last week’s trading sessions, confirming a decisive shift in market sentiment. The pair has since retested the underside of the wedge, now acting as resistance. Zooming into the daily timeframe, price action remains suppressed beneath a critical resistance zone, reinforcing the bearish outlook. With momentum building and technical barriers holding firm, we anticipate a continued drop toward the key support levels highlighted on the chart. ⚠️ Traders, stay alert—this setup could unfold into a textbook bearish continuation. ---