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EUR/CAD - Euro Canadian Dollar

EUR/CAD - Euro Canadian Dollar

Short term (Intraday)

1,5250. EUR CAD is in an uptrend supported by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. The price should find a support above 1,5235. The uptrend should continue to gather momentum. The target is expected at 1,5500.

Resistances
1,5300 - 1,5340
Supports
1,5235 - 1,5150
updated 11 mars 2008 05:47 GMT +02:00

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