Euro Canadian Dollar (EUR/CAD) - 23/01/2008 - Archive

EUR/CAD - Euro Canadian Dollar

EUR/CAD - Euro Canadian Dollar

Short term (Intraday)

1,5048. EUR CAD is in a range between 1,4900 and 1,5200. EUR CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The consolidation should continue. The price should find a resistance below 1,5080 / 1,5200. If the resistance is broken then the target will be 1,5300 (250 pips).

Resistances
1,5080 - 1,5130
Supports
1,5000 - 1,4900
updated 23 janv 2008 05:29 GMT +02:00

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