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EUR/CAD - Euro Canadian Dollar

EUR/CAD - Euro Canadian Dollar

Short term (Intraday)

EUR CAD is in a consolidation after the last bearish movement. EUR CAD broke the uptrend to begin a bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CAD. The downtrend should continue on 1,4700 support.

Resistances
1,4800 - 1,4840
Supports
1,4750 - 1,4700
updated 26 févr 2008 06:23 GMT +02:00

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