Bearish EURCAD

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Bearish EURCADEuro vs. Canadian DollarFX:EURCADatctradingsetups2020TS Score: +0.49 Composite: -0.59 COT Score: -0.36 Conviction: Low / conditional bearish Technical view: This is a conditional bearish idea. A move into the imbalance/supply zone followed by 4H rejection would provide a cleaner short setup. Selling too low without retracement may reduce reward-to-risk. Potential downside targets: T1: 1.6100–1.6050 T2: 1.6000–1.5950 Extended: 1.5900 if bearish pressure expands Invalidation: A clean 4H close above the marked HTF supply / resistance zone weakens the bearish idea. Short macro support: EUR is weaker in the TS framework, but CAD is not strongly supported while oil is mixed. This pair needs stronger technical confirmation than AUDCHF or NZDUSD.