Euro Canadian Dollar (EUR/CAD) - 04/03/2008 - Archive

EUR/CAD - Euro Canadian Dollar

EUR/CAD - Euro Canadian Dollar

Short term (Intraday)

1,5024. 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 low. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,5100. The consolidation should continue. If the resistance is broken then the target will be 1,5400.

Resistances
1,5100 - 1,5170
Supports
1,4990 - 1,4945
updated 04 mars 2008 13:52 GMT +02:00

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