EUR/CAD will continue to move lower

The pair will continue to move lower after it broke down from an uptrend channel support line. Canada is moving away from the EU after it found a renewed relationship with its former colonial master, the United Kingdom. Queen Elizabeth II agreed to the Duke and Duchess of Sussex’s wish to move to Canada. This was days after the couple announced that they are stepping down from their senior role in Buckingham Palace. The post on Instagram created a turmoil within the Royal Family. With the blessings from the queen, Tory MP Michael Fabricant suggested that Prince Harry should take the Governor General position in Canada. The issue came amid the looming withdrawal of the United Kingdom from the European Union on January 31. Canada already received a green light from the EU Parliament to ratify the CETA (Canada-EU Trade Agreement). However, it was reconsidering the temporary tariff rates by Britain.