EUR/CAD: pull back with hopes by technical analysis

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Euro/Canadian Dollar may to forming a possible bullish setup that we can to benefit for this short movement in long position. At the moment, there're some signal like RSI that form a bullish divergence forming a lower high, but there're not any signal in price action to entry in against the movement bearish when lead to bullish movement. For the moment, I will hope the confirmation of bullish pattern there. By the contrary, will be that EUR/CAD lead to $1.4410 CAD depending the type of price action we see, it's important to study it the behaviour. As 1.4410 work like resistance to short.

snapshot

Now, in H4 timeframe I'm looking a long position based the points that I have mark there.

So guys, I hope that this analysis support you!!!

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