EUR/CAD breaks 1.5313 key support after BoC, heading to 1.5118 projection level

<p>Canadian Dollar surges after BoC left interest rate unchanged at the “effective lower bound” of 0.25% and painted an upbeat picture. EUR/CAD’s strong break of 1.5313 support now confirms resumption of whole decline from 1.5978. Near term outlook will stay bearish as long as 1.5477 resistance holds. EUR/CAD should now target 100% projection of 1.5978 […]</p>
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