EUR/CAD accelerating down after breaking trend line support

<p>EUR/CAD’s decline from 1.5783 accelerates after taking out near term trend line support, with 4 hour MACD diving down too. The development is in line with our view that corrective rise from 1.5313 has completed with three waves up to 1.5783. More importantly, the pattern from 1.5978 is resuming with another falling leg. Further decline […]</p>
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