EUR/CAD: Worth considering for a long-term play…

  1. Have a look at your longer-term chart and the very strong basing formation.
  2. Have a think about why the EUR is rallying consistently despite the looming Grexit and supposed financial turmoil that is expected to follow.

Being long EUR is definitely risky but it’s less risky on the crosses and this pair looks like a prime candidate for EUR bulls.

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