EUR/CAD - Euro Canadian Dollar
Short term (Intraday)
1,4918. 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 rises. Bollinger bands are deviated. Oscillators are neutral. The price should continue to move in 1,4900 / 1,5200 range. If the support is broken then the target will be 1,4650. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 1,4950 - 1,5000
- Supports
- 1,4900 - 1,4860
updated 23 janv 2008 15:12 GMT +02:00
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