EURUSD rose sharply for 14 days – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in EURUSD there is a chance that we will witness a correction, no matter how brief.
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Could a large bullish move on USDCAD be a sign of things to come?
USDCAD hits 1.44413 after a 0.79% move spanning 11 hours.