EUR/CAD chart - Trading View
- EUR/CAD recovery attempts on Wednesday were capped at 200-DMA.
- The pair slipped lower from session highs at 1.5135 to close at 1.5074.
- On the day, the pair is trading in a narrow range, with session highs at 1.5097 and lows at 1.5069.
- Intraday bias is neutral. Technical indicators are sidelined. Break below cloud will see dip till 76.4% Fib at 1.4963.
- On the flipside, immediate resistance is seen at 5-DMA at 1.5114. Further upside only above 200-DMA.
Support levels - 1.5042 (cloud base), 1.50, 1.4963 (76.4% Fib)
Resistance levels - 1.5113 (5-DMA), 1.5131 (200-DMA), 1.5197 (50% Fib)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
