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FX Trends daily (FOCUS: EUR/CAD)

The outlook is still bullish after the break above February top at 1.3710 toward a retracement at 1.3850. A break above this threshold would pave the way to a long term resistance currently at 1.4080. The initial support stands at 1.3710. Buy – Stoploss @ 1.3709 – target @ 1.3999.

Read the full report: FX Trends Daily

 

Natixis

This article was posted in Forex Strategies and tagged EUR/CAD.
« FX G10/EM Morning Trader Views
FX Daily Strategist: Europe »

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