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EURCAD currency pair recently reversed up from the key support level 1.34000 (low which has been reversing the price from the end of April), intersecting with the lower daily Bollinger Band. The upward reversal from the support level 1.34000 started the active minor correction (b). Given the strength of the support level 1.34000 , EURCAD currency pair can be expected to rise further toward the next resistance level 1.3600 (target price for the completion of the active wave (b)).
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