For those of you involved in currency trading, the EUR/CAD pair is a great short ttrade right now. Having risen sharply over the last few months, but failed to penetrate resistance at 1.55, and followed by a period of consolidation sideways, it is now in a siginifcant down move. Currently at 1.4524, it seems a move back down to 1.400 is possible If it penetartes support at this level then a move to lower levels at 1.35 would seem likely.
I am currently trading this pairon the short side and will keep you up to date with progress on the trade.