EUR/CAD - Euro Canadian Dollar
Short term (Intraday)
1,4980. EUR CAD is in an uptrend supported by 1H exponential moving averages. EUR CAD is in a consolidation after the last bullish movement. The volatility is high. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. The consolidation should continue. The price should find a resistance below 1,5000. If the resistance is broken then the target will be 1,5200 (220 pips).
- Resistances
- 1,5000 - 1,5050
- Supports
- 1,4950 - 1,4860
updated 22 févr 2008 06:17 GMT +02:00
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