Euro Canadian Dollar (EUR/CAD) - 03/03/2008 - Archive

EUR/CAD - Euro Canadian Dollar

EUR/CAD - Euro Canadian Dollar

Short term (Intraday)

1,5020. EUR CAD is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,5100. The price should consolidate. If the resistance is broken then the target will be 1,5400.

Resistances
1,5100 - 1,5150
Supports
1,5000 - 1,4935
updated 03 mars 2008 22:10 GMT +02:00

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