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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