The pair is trading within a channel and remains below the Ichimoku cloud. Recently, it failed to break above this channel, and with the formation of a bearish candle, EUR/CAD looks ready to drop toward 1.545.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.