EUR/CAD chart on Trading View used for analysis
- EUR/CAD trades 0.29% higher on the day at 1.5114 at 1040 GMT.
- The pair has edged higher from session lows at 1.5065 which is also major trendline support.
- Momentum still with the bears. RSI below 50, 5-DMA sharply lower and MACD supports downside.
- Price has dipped into daily cloud. Break below trendline support at 1.5065 to see test of 78.6% Fib at 1.4944.
- 200-DMA is major resistance at 1.5192. Retrace above 200-DMA at 1.5192 to see further upside.
Support levels - 1.5065 (trendline), 1.5031 (cloud base), 1.4944 (78.6% Fib)
Resistance levels - 1.5192 (200-DMA), 1.53 (38.2% Fib)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro: AUD/USD downside pressure builds, key support level in focus
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro- Major Pair levels and bias summary
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro: USD/CNY gains some ground but bearish outlook persists
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro: EUR/AUD eases slightly but trend is still bullish 



