EUR/CAD - Euro Canadian Dollar
Short term (Intraday)
1,4579. EUR CAD is in an downtrend directed by 4H exponential moving averages. EUR CAD is in a consolidation after the last bearish movement. EUR CAD is in a range between 1,4500 and 1,4610. The volatility rises. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 1,4610 - 1,4670
- Supports
- 1,4550 - 1,4500
updated 14 févr 2008 14:13 GMT +02:00
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