Euro Canadian Dollar (EUR CAD) analysis

updated analysis since 1 days

EUR/CAD - Euro Canadian Dollar

EUR/CAD - Euro Canadian Dollar

Short term (Intraday)

1,5853. EUR CAD broke 1,5900 support. The volatility rises. Bollinger bands are deviated. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CAD. The downtrend should continue on 1,5830 support. If the support is broken then the target will be 1,5650 (200 pips).
We are waiting for a break of support to take a short position.

Resistances
1,5900 - 1,5940
Supports
1,5850 - 1,5830
Long term chart
EUR/CAD - Euro Canadian Dollar
updated 23 juil 2008 12:48 GMT
Forex Chart Forex Chart Forex Chart Forex Chart
Forex Chart Forex Chart

Latest technical analysis