Euro has been picking up lately and cad has been showing weakness.
This setup right here would take months to unfold with target range between 700-1200pips or even more.
Euro has taken a beating with the russian-ukraine war and pumped prices of Oil sending CAD into a parabolic run.
However, with the peace takes and rate hikes, we could clearly see that Euro is taking its stance preparing for the recovery while on the other hand CAD has been facing difficulties with strengthening of their currency even with an interest rate hike announced earlier last week.
Lets watch this pair for now and see where it's headed to. This would take some time
This setup right here would take months to unfold with target range between 700-1200pips or even more.
Euro has taken a beating with the russian-ukraine war and pumped prices of Oil sending CAD into a parabolic run.
However, with the peace takes and rate hikes, we could clearly see that Euro is taking its stance preparing for the recovery while on the other hand CAD has been facing difficulties with strengthening of their currency even with an interest rate hike announced earlier last week.
Lets watch this pair for now and see where it's headed to. This would take some time