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EUR/CAD - Euro Canadian Dollar

EUR/CAD - Euro Canadian Dollar

Short term (Intraday)

1,5474. EUR CAD is in an downtrend directed by 1H exponential moving averages. EUR CAD is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue on 1,5350 (125 pips) support.

Resistances
1,5510 - 1,5580
Supports
1,5470 - 1,5400
updated 08 mai 2008 05:33 GMT +02:00

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