**EURCAD Added to the Watchlist**EUR/CADOANDA:EURCADdarlwrightđź“… June 26, 2026 EURCAD is a new addition to our watchlist and is beginning to show some characteristics that deserve a closer look. The market remains in a solid uptrend and has recently made a healthy pullback back into the area of the previous swing high. Price is also sitting right at the **50 EMA**, an area that often acts much like support and resistance. At the moment, price is printing a bullish candle. Daily Momentum is currently low and may be starting to give us the early stages of **"the hook,"** but we won't know for sure until the candle closes. This market definitely has potential, but there is one concern. The **all-time highs are not far away**, and that creates a challenge when establishing a logical profit target. I would not be interested in placing a profit target above those highs. Because of that, risk/reward will become a very important part of the decision-making process. For now, we simply wait. First, we need to see: âś… Strong bullish structure âś… A confirmed momentum hook If we get both, then EURCAD may earn a place on the trade board. Remember: **Structure first.** **Momentum second.** **Wait for the hook.** For now, EURCAD remains firmly on the watchlist. Patience before participation. #EURCAD #Forex #Trading #PriceAction #VMSStrategy #TheWinnersEdge #ForexEducation