EURCAD Strong Bearish Leg started.EURO VS CANADIAN DOLLARTRADENATION:EURCADTradingShotLast time we looked at the EURCAD pair was exactly 1 year ago (April 08 2025, see chart below), giving a strong Buy Signal: The price action followed the pattern and hit our 1.62500 Target and has since transcended to a new, Channel Down. The call is now bearish as the price got rejected near the top of the pattern with the 1D RSI reversing when it got overbought (70.00). Technically the new Lower Low should be closer to the 1.236 Fibonacci extension but since this time the 1W MA100 (red trend-line) is involved we set a Target closer to it at 1.56150 (March's Low). --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇