LUNGU_FX

WILL BANKS BUY EUR/CAD ?

Long
FX:EURCAD   Euro / Canadian Dollar
TECHNICALS

We notice that price has come to a weekly support zone of 1.43025 which what created during mid feb. we are noticing some bullish movement on the smaller time frames so this could mean that support is holding firm and i dont think that price will break below support zone but however may retest then be bought till resistace zone of 1.46087

FUNDERMENTALS

TUESDAY, OCTOBER 19

13:10
EUR ECB's Elderson speech
14:00
EUR ECB's Panetta speech
16:00
EUR ECB's Lane speech

WEDNESDAY, OCTOBER 20
08:00
EUR Producer Price Index (MoM)(Sep)
09:20
EUR ECB's Elderson speech
09:50
EUR ECB's Elderson speech more news available on fxstreet

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