Though we are still in bearish trend on daily time frame, Yet this pair has changed its direction on Lower Time Frames.... H4 is already converted to bullish trend.... We were waiting for the price to come down near key support level @ 1.4855 - 1.4860 area and let the market make a price action signal on H1 time frame to have some bullish opportunity.
On H1 Time frame, the price formed an inside bar which is enough to ride on bulls for EURCAD
Signal
Buy @ 1.4880
SL 1.4850
TP 1.4940