EURCAD Price Update – Clean & Clear ExplanationEuro vs. Canadian DollarFX:EURCADPintu_sahu01EUR/CAD is currently trading inside a strong bullish market structure, supported by a well-respected ascending trendline and a series of higher highs and higher lows. Price recently pushed aggressively upward, showing strong buying momentum and confirming that buyers remain in control of the overall trend. The pair is now approaching a significant resistance/supply zone around 1.6280–1.6300, where sellers may become active. This area has the potential to trigger short-term profit-taking and a corrective pullback before the next major move. The rejection candle near resistance suggests that buyers are facing some pressure at current levels. As long as price remains below the highlighted supply zone, a temporary retracement toward the nearest support areas around 1.6210, 1.6170, and potentially 1.6100 remains possible. These zones could act as demand areas where buyers may re-enter the market and continue the broader uptrend. The overall structure remains bullish despite the short-term bearish reaction. A clean break and close above the resistance zone would invalidate the pullback scenario and open the door for further upside expansion. However, if sellers continue defending the supply zone, a healthy correction toward support levels could provide better buying opportunities. Ps; Support with like and comments for better analysis Thanks for Supporting.