EUR/CAD is holding steady around the 1.6160 level as holiday trading continues to keep overall market volumes in check. With fewer participants stepping into the market during the festive season, price action has become more subdued, and the currency pair is struggling to find strong directional momentum. Traders are keeping a close eye on support and resistance levels as we move through this quiet trading period. Holiday seasons often create these thin volume conditions, which can amplify moves when they do occur, so patience and careful position sizing remain key. The lack of fresh economic data releases is also contributing to the range-bound behavior we're seeing. As the calendar turns and normalcy returns to trading desks, we can expect volatility to pick up once more—for now though, EUR/CAD traders are watching and waiting.