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Longeurcad

Long EURCADThe daily HA chart of EURCAD is showing a clear cup and handle where the EURCAD would take off again. The weekly HA Chart of EURCAD shows continuous bullish EURCAD - beautifully shown strength of this currency pair. It could be due to 1. weakness in commodities (esp oil) prices pulling down the CAD. 2. Europe is decoupling from the US-China conflict with France leading the way. 3. De-dollarization is lending strength to the EUR as an alternative currency for central banks to store as reserve.
Long
by kailevel