Over the last few weeks, EURCAD has pulled back from the double top. Looking at the chart it looks like, EURCAD is all set to resume the uptrend once again. Initial target should be at 1.5580.
If price breaks 1.56 level, then 1.58 can also be a possible target.
If price breaks 1.56 level, then 1.58 can also be a possible target.