The EUR/CAD currency pair is now testing the resistance level 1.4150-1.4240.
We can notice the strong bearish reaction of the price everytime the pair visits this resistance area.
We can also notice the bearish reaction of the pair this time manifested in the bearish candlesticks marked on the chart.
On the 4H timeframe the pair started to make lower highs suggesting bearish move to come next.
If the current 4H candlestick closed as a bearish one this will confirm the SELL signal.
TP will be at 1.4010, 1.3940 then 1.3875 & SL 4H closure above 1.4220.
