EUR/CAD - Euro Canadian Dollar
Short term (Intraday)
1,4732. EUR CAD is in a consolidation after the last bearish movement. EUR CAD is in a range between 1,4700 and 1,4950. EUR CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are flat. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CAD. The consolidation should continue. The price should continue to move in Bollinger bands. We won't take a position.
- Resistances
- 1,4835 - 1,4950
- Supports
- 1,4700 - 1,4600
updated 04 févr 2008 22:00 GMT +02:00
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