Euro Canadian Dollar (EUR/CAD) - 12/03/2008 - Archive

EUR/CAD - Euro Canadian Dollar

EUR/CAD - Euro Canadian Dollar

Short term (Intraday)

1,5398. EUR CAD broke 1,5340 resistance. EUR CAD is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. The uptrend should continue on 1,5525 resistance.

Resistances
1,5415 - 1,5500
Supports
1,5340 - 1,5250
updated 12 mars 2008 22:07 GMT +02:00

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