Possibility of CAD extending gains against other majors is increasing day by day. The latest chart I present is of EUR/CAD. We can see that head and shoulder pattern is in the making with neckline around 1.4250 (which may go up to 1.4320 by August/September).

Yesterday I had posted GBP/CAD weekly chart which also a showed a similar head and shoulder formation.


CurrenciesEURCADForextrading

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