EUR/CAD 1H Analysis – April 14, 2025

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📊 Current Price: 1.57582
🕐 Timeframe: 1 Hour
⚖️ Bias: Bearish (Short Setup Active)
🔍 Technical Breakdown:
Resistance Zone: 1.5783 - 1.5800
Price has tested this zone multiple times but failed to break above convincingly—forming a liquidity grab and now rejecting.

Entry: ~1.5758 (current market price)
Trade seems to have already triggered near this level.

Stop Loss: ~1.5840
Well above the supply zone, protecting against stop hunts.

Take Profit Targets:

TP1: 1.5570 (key support area / FVG close)

TP2: 1.5475 (strong demand zone)

Risk-Reward Ratio (RRR): Approx. 3:1 (visually based on RR box)

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