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

EUR/CAD - Euro Canadian Dollar

EUR/CAD - Euro Canadian Dollar

Short term (Intraday)

1,5242. EUR CAD is in an uptrend supported by 1H exponential moving averages. The volatility is low. Bollinger bands are flat. ForexTrend 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 to gather momentum. The target is expected at 1,5500 (250 pips).

Resistances
1,5250 - 1,5300
Supports
1,5155 - 1,5060
updated 10 mars 2008 13:54 GMT +02:00

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