EURCAD IN A RANGE

For a long time now, EURCAD has been in a range and just last week, I was able to catch the majority of the move to the upside. Currently I believe EURCAD is out of bullish steam which is needed to change the momentum on this pair for the time being. EURCAD has now found confluence on a major supply zone and we can now expect to see price going lower to the downside.