EUR/CAD is currently at a key support level within a consolidation range. The pair has been bouncing between support and resistance, offering multiple trade opportunities. With price holding steady at the lower boundary, this could be a great chance to buy, targeting the top of the range. Keep a stop-loss just below support to limit risk in case of a breakout.
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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.