EURCAD analysis

According to the trend line analysis we have captured a range and found that the market of EURCAD has the possibility to come down for many pips. So sellers should be alert there and should take an entry at 1.4990 and the closing point will be at 1.4802.

https://charts.mql5.com/16/785/eurca...orex-group.png

EURCAD Technical Analysis:
https://charts.mql5.com/16/955/eurca...ital-ltd-3.png
Analysis :
Channel Down identified at 08-Dec-05:00 2017 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.4947 within the next 3 days.