EUR/CAD Technical Analysis: Euro gains against CAD on BoC dovishness
|EUR/CAD daily chart
- EUR/CAD is trading just below its 100 SMA as the pair has been ranging since February.
- EUR/CAD spiked to 1.5140 as the Bank of Canada was dovish.
EUR/CAD 4-hour chart
- Bulls will need to break 1.5140 to move up to 1.5200 figure.
- Failure to break above 1.5140 can see bears come back leaving 1.5080 and 1.5020 as main support.
Additional key levels
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