What’s going to happen next week with this EUR/CAD pair?

Well on Wednesday January 22, 2020 the BOC interest rate news impacted the EUR/CAD pair and the pair went up around 100 + points. It went up so high that it touched the 0.78% fibs level at around (1.46098 levels).

Suddenly, it started to come back down. The bears seems to be controlling the game ???

What’s going to happen next week with this EUR/CAD pair? Will it retest the low levels 1.44500 – 1.4400 again before bulls come in strong and push the pair up to 1.4600 – 1.46500 levels?

What do you think?

Any constructive feedback is welcome! thanks!!

Keep well,

Kind regards!!