EURCAD: Testing the 1.61 Handle Again

Been watching $EURCAD carefully today, it's back up around the 1.61 handle again after dipping slightly. Feels like we're consolidating around this area, with the 1.6080-1.6120 range acting as a short-term pivot. If we can get a sustained break and hold above 1.6125, it might open the door for a push towards 1.6150 or even 1.6180. However, a failure to hold 1.6080 on any retracement would suggest this move up is running out of steam, potentially sending it back down towards the 1.6050 area. The overall bias still feels a bit sideways for now, waiting for a clearer catalyst.