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

EUR/CAD - Euro Canadian Dollar

EUR/CAD - Euro Canadian Dollar

Short term (Intraday)

1,4838. EUR CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. Oscillators are neutral. The uptrend should continue to gather momentum. The price should find a resistance below 1,4860. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,4850 - 1,4860
Supports
1,4780 - 1,4730
updated 27 févr 2008 21:52 GMT +02:00

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