EUR/CAD - Euro Canadian Dollar, European Session - 27/02/08
1,4705. EUR CAD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. The price should find a support above 1,4600 (100 pips).
- Resistances
- 1,4740 - 1,4810
- Supports
- 1,4650 - 1,4600
Source : EUR CAD
This entry was posted on Wednesday, February 27th, 2008 at 7:05 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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