EUR/CAD - Euro Canadian Dollar
Short term (Intraday)
1,4858. EUR CAD is in an uptrend which support is 1,4620 and resistance is 1,4920. EUR CAD is in a consolidation after the last bearish movement. The volatility is high. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. The consolidation should continue. The price should continue to move in 1,4700 / 1,4900 range. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 1,4880 - 1,4920
- Supports
- 1,4810 - 1,4730
updated 31 janv 2008 13:23 GMT +02:00
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