EURCAD continues to grind higher – after the pair broke above the multiple resistance levels: resistance level 1.56500 (which reversed the price twice in October), resistance level 1.57350 (monthly high from September) and the 50% band 61,8% Fibonacci correction levels of the previous ABC correction (2) from July. Given the moderately bullish sentiment affecting the euro today on hopes Brexit agreement can still be reached soon – EURCAD is expected to rise further toward the next resistance level 1.58150 (former monthly high from August).