Euro Canadian Dollar (EUR/CAD) - 15/02/2008 - Archive

EUR/CAD - Euro Canadian Dollar

EUR/CAD - Euro Canadian Dollar

Short term (Intraday)

1,4638. EUR CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The price should find a resistance below 1,4670. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,4650 - 1,4670
Supports
1,4600 - 1,4550
updated 15 févr 2008 13:11 GMT +02:00

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