EURCAD at the lower low zone of the downtrend line

EURCAD Analysis

EURCAD is standing at the lower low zone of the downtrend line.

Let’s wait for the confirmation of breakout or reversal.

Canadian Dollar outperformed Well against US Dollar as FED Powell Testimony failed to impress investors mind Yesterday.

Crude oil rises 33% in a day. Brent oil made a historical gain record in a day.
Crude oil rises 33% in a day. Brent oil made a historical gain record in a day.

Oil Prices climbing higher as Day by day supports the Canadian Dollar.

Canadian Domestic Data performed well, and Vaccinations are well progressing in Canada.

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