EUR/CAD is approaching 1.4761. We expect either a breakout through this line, or a rebound.

Either a rebound or a breakout imminent on EUR/CAD
EUR/CAD is heading towards a line of 1.4761. If this movement continues, the price of EUR/CAD could test 1.4761 within the next 9 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

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