EURCADEUR/CADOANDA:EURCADTrading_Tips1EUR/CAD is showing signs of bearish continuation after failing to sustain bullish momentum above the key resistance zone. Price formed several higher lows during the recovery, but the rally stalled near strong resistance as sellers stepped in aggressively. The recent rejection from the 1.6160–1.6180 resistance zone suggests that selling pressure remains active, while the stronger 1.6220–1.6240 supply zone continues to act as major resistance. Target 1: 1.60385 Target 2: 1.60003 Target 3: 1.59800 As long as price remains below 1.6160–1.6180, the short-term structure favors sellers. A fresh rejection from this area could trigger another downside move toward 1.60385, followed by 1.60003 and potentially 1.59800 if bearish momentum accelerates. The previous bullish structure is weakening as price begins to show signs of lower highs and downside continuation. Unless buyers reclaim the resistance zone with strong momentum, sellers are likely to remain in control. The market may now be seeking liquidity at lower levels. Resistance respected. Bullish momentum fading. Bears are targeting 1.60385 → 1.60003 → 1.59800. 🔥📊 If you found this XAUUSD analysis useful, support the idea with a 👍 and share your market view in the comments — your feedback is appreciated!