EURCAD: Developing a major correctionEURCAD: Developing a major correction
EURCAD is moving inside a large corrective pattern and it is showing clearly that
we have a bullish and a bearish zone where the price
reacted very well in the past.
Considering also that the Eurozone Preliminary HICP inflation rose to 2.6% YoY in May vs. 2.5% expected, we can see EURO advancing more during the coming hours.
You may find more details in the chart!
Thank you and Good Luck!
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