EURCAD Intraday analysis on dated 10-5-2019

316

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading above both its 20 and 50 day moving average’s [Respectively at 1.51140 and 1.51140]

Recommendation: Sell/Sell limit @ 1.51450  Target: 60 pips

Previous articleEURNZD Intraday analysis on dated 07-5-2019
Next articleEURGBP Intraday analysis on dated 10-5-2019