Euro Canadian Dollar (EUR/CAD) - 10/03/2008 - Archive

EUR/CAD - Euro Canadian Dollar

EUR/CAD - Euro Canadian Dollar

Short term (Intraday)

1,5201. EUR CAD is in an uptrend supported by 1H exponential moving averages. EUR CAD made a false break and continues the actual trend.. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. The uptrend should continue on 1,5400 resistance.

Resistances
1,5235 - 1,5275
Supports
1,5170 - 1,5125
updated 10 mars 2008 05:54 GMT +02:00

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