- EURCAD has been in consolidation for the past few days and traders have been waiting for the pair to push higher.
- The pair began an uptrend in late 2012 with a series of corrections.
- Despite some drastic falls the pair has not been able to break the Monthly trendline.
Trend: Strongly Bullish
4 Hour chart with major Support and Resistance lines
Monthly chart showing the pair following the bullish trend that began in late 2012
Source: https://forex-station.com/
