EURCAD is currently rallying around 1.52807. On the 4 Hours Chart , the previous candle closed above the previous 52 Period Exponential Moving Average. This is a possible Indication that we are in an active up trend . This trend is supported by the fact that the price is above the previous day's Lowest Low 1.52709. While we continue to see a sustained move above 1.52709 we expect a surge much Higher with an Ideal Target at 1.39324. At this point, Sell Positions looks ideal and can be recommended with an ideal take profit 1.39324