A strong opportunity to buy the EUR/CAD soon.
The EUR/CAD is moving in a sideways direction on the 4-hour timeframe.
This is after the supply and demand zones on the daily timeframe.
The pair has managed to establish new demand zones today,
which are considered among the best buying zones at the moment.
The demand zones are located at the 1.6530 level.
If tested, a rise from them is expected to reach the specified targets,
which are located at the 1.6560 and 1.5700 levels, respectively.
The trade fails to break the zone and close below it with a full candle.
