Who says there is no volatility in the FX market?
EUR/CAD is down 255 pips since Draghi talked about cutting rates in June. The pair has now broken the April low.
EUR/CAD daily
What’s more is that the 100-day moving average broke for the first time since May 2013.
This looks like a top
Update: Our old friend Greg Michalowski has more analysis on this pair.
