EURRCADEuro vs. Canadian DollarFX:EURCADMARKET_WIZARD1EURCAD remains in a broader bullish structure after a strong rally from recent lows, but price is currently undergoing a corrective pullback following rejection near the 1.6256–1.6260 resistance zone. The highlighted demand area around 1.6220 is acting as a key support level and could provide the foundation for renewed buying pressure. For the bullish trend to resume, price must achieve a decisive hourly close above 1.6256, which could open the path toward the 1.6290–1.6300 target area. However, failure to reclaim resistance may keep sellers in control, increasing the likelihood of a deeper decline toward 1.6140 and potentially the major support near 1.6095. Traders should watch for confirmation around the marked resistance and support zones before anticipating the next directional move. Current bias: Neutral to slightly bearish until breakout above resistance. Your support means a lot to me. Please leave a like and comment, and feel free to share your help and guidance.