» EUR/CAD - Euro Canadian Dollar, Asian Session - 31/01/08

EUR/CAD - Euro Canadian Dollar, Asian Session - 31/01/08

1,4912. EUR CAD broke 1,4875 resistance. EUR CAD is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are parallel and form the trend. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. The uptrend should continue to gather momentum. The price should find a support above 1,4870.
Resistances
1,4950 - 1,5080
Supports
1,4870 - 1,4820

Source : EUR CAD

This entry was posted on Thursday, January 31st, 2008 at 22:31 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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