Chart in focus: EUR/CAD for intraday short

EUR/CAD

With oil rising helping the commodity currency CAD (Cad is supported by rising oil prices) and the Euro weakening with a flurry of poor data over the last couple of days. A EUR/CAD short intraday looks good.

Entry at the 38.2% fib level looks good as it coincides with the 100 moving average. Targeting recent lows for 30 points or so... Daily chart at the bottom for wider reference...

TXJD

Featured Videos