HERE WE HAVE A NICE SETUP FOR EURCAD. PRICE IS IN A DESCENDING CHANNEL AND THIS IS A BULLISH REVERSAL PATTERN. PRICE IS IN A KEY SUPPLY/DEMAND AREA, AT THE ZONE OF TWO TREND LINES , I WILL BE LOOKING TO FOLLOW THIS PLAN WHEN STRONG PRICE ACTION APPEARS TO CONFIRM BULLISH STRENGTH. HAVE TO BE CAREFUL WITH THIS ONE AS STRONG FUNDAMENTAL NEWS WITH CAD LAST WEEK.