The EUR/CAD chart analysis shows that this pair is forming a new trend on the D1 time frame. The current price is at 1.5250 and the upside potential is back up to the 1.5550 resistance area, which is shown on the chart on the yellow lines. This is approximately 300 pips of upside potential. For entries into this new uptrend you can use The Forex Heatmap® to spot a buy entry point over the next few days in the main trading session. The chart analysis was performed with multiple time frame analysis.
Forex Chart Analysis EUR/CAD 4-23-2014