FX.co ★ EUR/CAD

Hello traders, Looking at the daily chart, it seems that the EUR/CAD pair is still committed to a downtrend, although it is developing slowly and the correction, if we are dealing with it, has been ongoing since mid-December. As the situation remains unchanged, we will have to focus on short-term trades. Currently, the nearest support is at the level of 1.6112 (Murray 0.8), while the resistance is at the level of 1.6174 (Murray 1.8).