Forex - Chart EUR/CAD Update: Marginal improvement as prices continue to stabilise above 1.4963/1.5000


 09:25 (GMT) 25 May

  [Forex Charts]

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Chart EUR/CAD Update: Marginal improvement as prices continue to stabilise above 1.4963/1.5000 (0101-BCDW-C01)

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Asterisk denotes strength of level

10:15 BST - Prices are showing further signs of stabilisation above 1.5000 as daily studies continue to strengthen. Focus remains on 1.5165. However, a close above 1.5200 is needed to confirm a more significant rally and correction of the Apr-May fall. A break below 1.5000 would delay gains, but the 1.4963 Fibonacci retracement should provide fresh support.


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