{"id":28770,"date":"2022-05-24T12:07:00","date_gmt":"2022-05-24T11:07:00","guid":{"rendered":"https:\/\/youtrading.com\/en\/?p=28770"},"modified":"2022-05-27T13:24:53","modified_gmt":"2022-05-27T12:24:53","slug":"eurcad-technical-analysis-a-break-above-the-1-37500-will-reinforce-bullish-sentiment","status":"publish","type":"post","link":"https:\/\/youtrading.com\/en\/eurcad-technical-analysis-a-break-above-the-1-37500-will-reinforce-bullish-sentiment\/","title":{"rendered":"EURCAD Technical Analysis-A break above the 1.37500 will reinforce bullish sentiment"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"28770\" class=\"elementor elementor-28770\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9031d16 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9031d16\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-43bb8a0\" data-id=\"43bb8a0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6318876 elementor-widget elementor-widget-text-editor\" data-id=\"6318876\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"https:\/\/bit.ly\/3u5v9o3\" target=\"_blank\" rel=\"noopener\">EURCAD<\/a> extended its rally by +0.32% towards the 1.37500 early Tuesday morning. The bullish sentiment was boosted by the ECB President Lagarde\u2019s comments on interest rate hikes. She indicated that rates will move from the negative territory by end of the third quarter. The markets are pricing in a 50bps hike as early as the July meeting after the asset purchase program.<\/p><p>The German IFO Business Climate Index was above expectations on Monday, with results rising to 93.0 from a survey of 91.4. However, the Manufacturing and Services PMI for France slightly missed expectations but both stayed on a growth trajectory. German PMI came out above expectations reinforcing a bullish sentiment on the Euro.<\/p><p>The weak foothold in commodity prices continues to underpin the Canadian dollar\u2019s strength in the near term. USWTI <a href=\"https:\/\/bit.ly\/3PjcJvH\" target=\"_blank\" rel=\"noopener\">crude Oil<\/a> futures fell by -0.61% to $108.69 per barrel giving room for downside pressure and will be a major tailwind for EURCAD bulls.<\/p><p>Traders shift their focus to the Canadian Manufacturing and Wholesale sales for March due for release later in the New York session. Another critical event to watch out for is the Retail Sales going to be released on Friday.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8ae6113 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8ae6113\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-118cf7b\" data-id=\"118cf7b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d067189 elementor-widget elementor-widget-image\" data-id=\"d067189\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/bit.ly\/3u5v9o3\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"409\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/05\/EURCAD-1D.jpg\" class=\"attachment-large size-large wp-image-28773\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c1c8fa7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c1c8fa7\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-32ee3fc6\" data-id=\"32ee3fc6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-698dea22 elementor-widget elementor-widget-text-editor\" data-id=\"698dea22\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"https:\/\/bit.ly\/3u5v9o3\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a48f1fc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a48f1fc\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6f922a9\" data-id=\"6f922a9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9405ccb elementor-widget elementor-widget-text-editor\" data-id=\"9405ccb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>EURCAD bulls surged higher towards the 1.37500 resistance as the trend outlook turns bullish in the near term. The EURCAD was trapped inside a falling channel and a breakout of that trend may reinforce bullish momentum. If the pair closes above the 1.3670, coinciding with Monday\u2019s closing price, a further upside move may unfold in the near term towards the 1.37500 resistance. A break above that area will be necessary to see the pair rallying towards the 1.3970 and 1.4000 levels.<\/p><p>The MACD tool indicates that the is showing a bullish outlook as Volume bars trade above the 0.000 benchmark. A crossover of the moving average above 0.00 will be necessary to reinforce bullish appetite in the near term.<\/p><p>However, a failure to break the 1.37500 may see bullish momentum halt as sellers may attempt to target the 1.3400 support.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b2a1c3b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b2a1c3b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3099d7f\" data-id=\"3099d7f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4ceb4f9 elementor-widget elementor-widget-image\" data-id=\"4ceb4f9\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/bit.ly\/3u5v9o3\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"286\" height=\"108\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/05\/EURCAD-CHART.jpg\" class=\"attachment-large size-large wp-image-28775\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b9ebae1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b9ebae1\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-22c65ce\" data-id=\"22c65ce\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-781e09c elementor-widget elementor-widget-text-editor\" data-id=\"781e09c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The ActivTrader Sentiment tool shows that 82% of retail traders have a bullish outlook on the pair as Eurozone economic data lifts EURCAD. The ECB press conference by President Lagarde will remain key in shaping the Euro sentiment in the near term.<\/p><p>A rally in commodity prices may see EURCAD rally short-lived as energy prices remains a major headwind for the currency pair.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-af46334 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"af46334\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fbafdcb\" data-id=\"fbafdcb\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0f24a6b elementor-widget elementor-widget-image\" data-id=\"0f24a6b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/bit.ly\/3u5v9o3\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"406\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/05\/EURCAD-4H.jpg\" class=\"attachment-large size-large wp-image-28776\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-496acbd8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"496acbd8\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7ffcd56b\" data-id=\"7ffcd56b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6926a3c5 elementor-widget elementor-widget-text-editor\" data-id=\"6926a3c5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"https:\/\/bit.ly\/3u5v9o3\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-28bf0b6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"28bf0b6\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1895ed0\" data-id=\"1895ed0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d589fbc elementor-widget elementor-widget-text-editor\" data-id=\"d589fbc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The 4-hour chart indicates a change in the direction of the market as bulls managed to close above the 50-day moving average. Technically the pair has a double bottom at 1.3463 confirming the possibility of a bullish run if the bulls manage to break above the 1.37500 area, coinciding with a 5-weeks high.<\/p><p>The RSI indicator shows that the pair is not yet in the overbought region hence a possibility to trade higher is available. A reading above 80.00 will signal extremely bullish conditions and the trend will be susceptible to sharp retracements.<\/p><p>Bulls should defend the 1.3600 psychological figure to maintain a bullish outlook on the pair.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>EURCAD extended its rally by +0.32% towards the 1.37500 early Tuesday morning. The bullish sentiment was boosted by the ECB President Lagarde\u2019s comments on interest rate hikes. She indicated that rates will move from the negative territory by end of the third quarter. The markets are pricing in a 50bps hike as early as the [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":9824,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[64,54,294],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.6 (Yoast SEO v20.11) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>EURCAD Technical Analysis-A break above the 1.37500 will reinforce bullish sentiment - Youtrading UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/youtrading.com\/en\/eurcad-technical-analysis-a-break-above-the-1-37500-will-reinforce-bullish-sentiment\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EURCAD Technical Analysis-A break above the 1.37500 will reinforce bullish sentiment EURCAD Technical Analysis-A break above the 1.37500 will reinforce bullish sentiment\" \/>\n<meta property=\"og:description\" content=\"EURCAD extended its rally by +0.32% towards the 1.37500 early Tuesday morning. The bullish sentiment was boosted by the ECB President Lagarde\u2019s comments on interest rate hikes. She indicated that rates will move from the negative territory by end of the third quarter. The markets are pricing in a 50bps hike as early as the July meeting after the asset purchase program.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/youtrading.com\/en\/eurcad-technical-analysis-a-break-above-the-1-37500-will-reinforce-bullish-sentiment\/\" \/>\n<meta property=\"og:site_name\" content=\"Youtrading UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/YouTradingEnglish\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-24T11:07:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-27T12:24:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/06\/GettyImages-1173527759.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"703\" \/>\n\t<meta property=\"og:image:height\" content=\"246\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nathan Batchelor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"EURCAD Technical Analysis-A break above the 1.37500 will reinforce bullish sentiment EURCAD Technical Analysis-A break above the 1.37500 will reinforce bullish sentiment\" \/>\n<meta name=\"twitter:description\" content=\"EURCAD extended its rally by +0.32% towards the 1.37500 early Tuesday morning. The bullish sentiment was boosted by the ECB President Lagarde\u2019s comments on interest rate hikes. She indicated that rates will move from the negative territory by end of the third quarter. The markets are pricing in a 50bps hike as early as the July meeting after the asset purchase program.\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nathan Batchelor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/youtrading.com\/en\/eurcad-technical-analysis-a-break-above-the-1-37500-will-reinforce-bullish-sentiment\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/eurcad-technical-analysis-a-break-above-the-1-37500-will-reinforce-bullish-sentiment\/\"},\"author\":{\"name\":\"Nathan Batchelor\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab\"},\"headline\":\"EURCAD Technical Analysis-A break above the 1.37500 will reinforce bullish sentiment\",\"datePublished\":\"2022-05-24T11:07:00+00:00\",\"dateModified\":\"2022-05-27T12:24:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/youtrading.com\/en\/eurcad-technical-analysis-a-break-above-the-1-37500-will-reinforce-bullish-sentiment\/\"},\"wordCount\":514,\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"keywords\":[\"Crude oil\",\"ECB\",\"EURCAD\"],\"articleSection\":[\"Forex\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/youtrading.com\/en\/eurcad-technical-analysis-a-break-above-the-1-37500-will-reinforce-bullish-sentiment\/\",\"url\":\"https:\/\/youtrading.com\/en\/eurcad-technical-analysis-a-break-above-the-1-37500-will-reinforce-bullish-sentiment\/\",\"name\":\"EURCAD Technical Analysis-A break above the 1.37500 will reinforce bullish sentiment - Youtrading UK\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/#website\"},\"datePublished\":\"2022-05-24T11:07:00+00:00\",\"dateModified\":\"2022-05-27T12:24:53+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/youtrading.com\/en\/eurcad-technical-analysis-a-break-above-the-1-37500-will-reinforce-bullish-sentiment\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/youtrading.com\/en\/eurcad-technical-analysis-a-break-above-the-1-37500-will-reinforce-bullish-sentiment\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/youtrading.com\/en\/eurcad-technical-analysis-a-break-above-the-1-37500-will-reinforce-bullish-sentiment\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/youtrading.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EURCAD Technical Analysis-A break above the 1.37500 will reinforce bullish sentiment\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/youtrading.com\/en\/#website\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"name\":\"Youtrading UK\",\"description\":\"Leaders in Trader Training\",\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/youtrading.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/youtrading.com\/en\/#organization\",\"name\":\"YouTrading\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"contentUrl\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"width\":2531,\"height\":570,\"caption\":\"YouTrading\"},\"image\":{\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/YouTradingEnglish\/\",\"https:\/\/www.instagram.com\/youtrading_english\/\",\"https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab\",\"name\":\"Nathan Batchelor\",\"description\":\"Nathan Bathelor brings a professional trading background and highly renowned technical analysis with 15 years of experience. 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