By SFO | May 30, 2008

EUR/CAD - Euro Canadian Dollar, European Session - 30/05/08

1,5346. EUR CAD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. => We could take a short position at 1,5345. We will put the stop loss above 1,5400 (-55 […]
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