EUR/CAD After correction in last week it has bounced back to its high level this week. Overall economic growth is picking up in Euro zone area as we can conclude this from recently published GDP numbers of various economies in Euro zone. On the other side Canadian economy also posted good GDP number so there is possibility of retracement to lower levels in EUR/CAD.
Technical indicatiors. Trend Lines, Commodity Channel Index, Ichimoku Cloud.
Charts: Weekly and Monthly
Weekly chart.
1. It is falli…
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