EURCAD: Limited upside risk

The cross was rejected at 1.5370 the parallel resistance above this, we see levels between the 1.5460-1.5510 as likely to meet resistance, and we target a move towards 1.5150 in the first instance.
Noting that 50MA exists at 1.5380. Today's Canada Labor Force Survey is the risk event scheduled. http://www.keytomarkets.com/blog/blog/ktm-fx-friday-morning-fx-comments/