EUR/CAD - Euro Canadian Dollar, American Session - 28/02/08
1,4799. EUR CAD is in a range between 1,4640 and 1,4860. EUR CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won’t take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 1,4800 - 1,4860
- Supports
- 1,4750 - 1,4740
Source : EUR CAD
This entry was posted on Thursday, February 28th, 2008 at 14:45 and is filed under EUR CAD. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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