APosner

Is the EUR/CAD sell off ready to resume?

FX:EURCAD   Euro Fx/Canadian Dollar
Since 3/19 the Euro             has been selling against the CAD in spite of lower oil             prices. More Euro             buying led to a period of consolidation from 9/4 to where price is now. While price made a new low on 11/24 price now is higher. The 1.4450 level has served as support and resistance on 7/4, 7/23, 10/16, and again today.

While price has rallied recently the broader selling trend is still in force. If price is rejected at the 1.4450 level price could resume falling in the pitchfork to possible 1.365.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out