EUR/CAD - Euro Canadian Dollar
Short term (Intraday)
1,4635. EUR CAD broke 1,4610 resistance. EUR CAD is in an downtrend directed by 4H exponential moving averages. The volatility rises. Bollinger bands are parallel and form the trend. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. The price should find a resistance below 1,4710. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 1,4650 - 1,4710
- Supports
- 1,4610 - 1,4500
updated 14 févr 2008 21:39 GMT +02:00
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