Technicals

Add as a preferred source on Google

EUR/CAD is facing resistance around 1.3800 (200 day 4 Hour EMA), decling till 1.3590 cannot be ruled out.

RES 4: 1.3880 RES 3: 1.3830 RES 2: 1.3805 (200 day 4 Hour EMA) RES 1: 1.3760 PRICE:1.3698 @12:11 GMT SUP 1: 1.3630 SUP 2: 1.3590 SUP 3:1.3560 SUP 4: 1.3470 Commentary: EUR/CAD is facing resistance around 1.3800 and short…

1 min read
EconoTimes — Reading the Times. Understanding the Future.

Read the original article

  • RES 4: 1.3880

  • RES 3: 1.3830

  • RES 2: 1.3805 (200 day 4 Hour EMA)

  •  RES 1: 1.3760

 PRICE:1.3698 @12:11 GMT 

  • SUP 1: 1.3630

  • SUP 2: 1.3590

  • SUP 3:1.3560

  •  SUP 4: 1.3470

Commentary:

EUR/CAD is facing resistance around 1.3800 and short term reversal can happen only above that level. Intraday bias remain weak and chance of declining till 1.3590 is high

It is good to sell on rallies around 1.3750 for the target of 1.3590 level.

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560