OANDA:EURCAD   Euro / Canadian Dollar
fundamentally; On a geographical perspective Europe is the closest to the middle east conflicts and Euro area is energy dependents, subsequently the Oil is bullish due to its shortage and the stronger oil leads to CAD strength
On the EUR area the ECB has proposed no more rate hike this quarter

This is the reason i'm Bearish on EURCAD

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.