EUR/CAD has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 1.2997 may materialize within the next 2 days. Supported by Upward sloping Moving Average
Chart 1 hour
Pattern Falling Wedge
Length 149 Candles
Identified 26-Aug-2022 08:00 UTC