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EUR/CAD - Euro Canadian Dollar

EUR/CAD - Euro Canadian Dollar

Short term (Intraday)

1,4615. EUR CAD broke 1,4660 support. EUR CAD is in an downtrend directed by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. The target is expected at 1,4500 (115 pips).

Resistances
1,4660 - 1,4700
Supports
1,4580 - 1,4500
updated 07 févr 2008 21:38 GMT +02:00

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