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Meanwhile, the pair's volatility has been gradually decreasing since the beginning of July as EUR/CAD managed to enter an ascending triangle pattern. However, more notable fluctuations may come back to the picture since EUR/CAD exited the formation several hours earlier and now is sitting below the lower trend-line but slightly above the 200-hour SMA at 1.4540. Technical indicators suggest the pair is capable of a climb before long but may change its trend in a longer perspective.
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