Euro Canadian Dollar (EUR/CAD) - 06/03/2008 - Archive

EUR/CAD - Euro Canadian Dollar

EUR/CAD - Euro Canadian Dollar

Short term (Intraday)

1,5080. 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. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,5025. The uptrend should continue to gather momentum. The target is expected at 1,5400.

Resistances
1,5120 - 1,5175
Supports
1,5020 - 1,4930
updated 06 mars 2008 05:37 GMT +02:00

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