Currently, EUR/CAD is trading at 1.5125. The pair started a new down trend on 25th May after breaking the support level at 1.5233. The pair was moving in ascending wedges before breaking the support level, now it is moving towards its first target, which is at 1.5094. It may hit its second target at 1.5008 if the price crosses the first target.
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Rishikesh Lilawat
Do follow us for future Forex updates.
Thank you,
Rishikesh Lilawat