EUR/CAD - Euro Canadian Dollar
Short term (Intraday)
1,4527. EUR CAD is in an uptrend which support is 1,4430 and resistance is 1,4730. EUR CAD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should find a support above 1,4400. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 1,4540 - 1,4580
- Supports
- 1,4500 - 1,4450
updated 12 févr 2008 13:09 GMT +02:00
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