EURCAD is approaching our first resistance at 1.5241 (61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) and price might drop to our major support at 1.5167 (horizontal pullback support, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.