Euro Canadian Dollar (EUR/CAD) - 27/02/2008 - Archive

EUR/CAD - Euro Canadian Dollar

EUR/CAD - Euro Canadian Dollar

Short term (Intraday)

1,4705. EUR CAD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. The price should find a support above 1,4600 (100 pips).

Resistances
1,4740 - 1,4810
Supports
1,4650 - 1,4600
updated 27 févr 2008 06:05 GMT +02:00

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