EUR/CAD - Euro Canadian Dollar, American Session - 31/03/08
1,6252. EUR CAD broke 1,6160 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, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. The uptrend should continue on 1,6400 resistance.
- Resistances
- 1,6270 - 1,6400
- Supports
- 1,6160 - 1,6100
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