The current trading rate for EURCAD stands at 1.4350.
This support level was initially established on 6 January 2023.
Subsequently, it was tested again on 10 February 2023, then once more on 8 June 2023.
Remarkably, the currency pair is now testing this support level for the fourth time. Our analysis suggests that EURCAD is likely to rebound and ascend once again from this support level.