Fundamental View
EU has procrastinated the COVID-19 relief package and that's what made it bearish for a while.
CAD on the other hand been considered as OIL'S pair, started declining which made EURCAD to rise.
Technical View
Broke Bearish channel and seems like retracement has occurred fully. Expecting a short from here.
EU has procrastinated the COVID-19 relief package and that's what made it bearish for a while.
CAD on the other hand been considered as OIL'S pair, started declining which made EURCAD to rise.
Technical View
Broke Bearish channel and seems like retracement has occurred fully. Expecting a short from here.
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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.
Related publications
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.