FX_IDC:EURCAD is moving lower to test its previous support at 1.44970. Buy at 1.45000 for a target 1.45600. Since the previous level of 1.44800 has provided excellent support multiple times before on the 1h & 2h timeframes, maintain stop of 1.44800
First we need to focus on EurCad daily chart .. here i can find that market breaks 0.236 Fib level which clears the path for next fib 1.4382.. Bingo so we meet with Third condition Take Profit 1.4380(2pip down from target) 4 Hour chart My second chart here i can see market is trying to creat a Crab gartley Pattern .. which have a target little bit upside .....
Check different time frames it's part of a larger trend going up so this is just retracement of 61 which lands perfectly on a strong support.