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maonadim

EURCAD

Short
Euro / Canadian Dollar (FX:EURCAD)  
maonadim  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Technical Indicators Beyond Technical Analysis EURCAD eurcadshort eurcadsell eurcadforcast eurcadtrade eurcadsetup eurcadforecast eurcadanalysis eurcadidea
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trendanalysis indicator beyondta eurcad eurcadshort eurcadsell eurcadforcast eurcadtrade eurcadsetup eurcadforecast eurcadanalysis eurcadidea
Our preference: lighten as long as 1.4707 is stopper with 1.4491 as objective.
Alternative scenario: the overflow of 1.4707, will validate an increase over 1.4785 and 1.4832.

Comment: The RSI is below its neutral zone of 50. The MACD is positive and below its signal line. The MACD must press the zero line to confirm a continuation of the drop. In addition, prices are below their moving average (1.4649) but above their moving average 50 (1.4621).



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