Breach of important price line imminent by EURCAD

EURCAD is moving towards a line of 1.3585 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If EURCAD continues in its current trajectory, we may see it move towards 1.3585 within the next 9 hours.

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