by viewing the EURCAD chart of the day we conclude that weak bearish trend happened due to the blade oscillator of value 0.0021 located below the balance level of the indicator which shows a blue signal to conclude a weak indication that a bearish direction happen on the short run.
By the way the moving average 5 on the chart giving us a down indication then the top placed at price 1.426 can be taken as a stop loss point for the sell orders given by the indicators that we deal with them .