» EUR/CAD - Euro Canadian Dollar, American Session - 29/01/08

EUR/CAD - Euro Canadian Dollar, American Session - 29/01/08

1,4717. EUR CAD is in an uptrend which support is 1,4680 and resistance is 1,4980. The volatility rises. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CAD. The downtrend should continue to gather momentum. The price should find a support above 1,4650 (65 pips).
Resistances
1,4790 - 1,4850
Supports
1,4700 - 1,4650

Source : EUR CAD

This entry was posted on Tuesday, January 29th, 2008 at 14:38 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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