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EUR/CAD - Euro Canadian Dollar

EUR/CAD - Euro Canadian Dollar

Short term (Intraday)

1,4742. EUR CAD is in an uptrend which support is 1,4670 and resistance is 1,4970. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. The price should find a support above 1,4650 (90 pips).

Resistances
1,4790 - 1,4850
Supports
1,4730 - 1,4670
updated 29 janv 2008 21:43 GMT +02:00

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