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EurCad : 12/12/2017 Technical Analysis Report

13th December 2017 CFX Admin

Our Preference: Sell below 1.5160 for the target of  1.4940

Alternative Scenario: Nill

Technical Commentary: In Daily Chart :- EurCad was trading in the equidistant channel lines and last week its failure to close above the previous high of resistance and we got closing below the key resistance now the previous high acting as the key resistance level so we can sell near intraday resistance levels and except upto next key support levels:- which we have shown in attached image.


In Daily Chart :- EurCad was trading in the equidistant channel lines and last week its failure to close above the previous high of resistance and we got closing below the key resistance now the previous high acting as the key resistance level so we can sell near intraday resistance levels and except upto next key support levels:- which we have shown in attached image.



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