EUR/CAD intraday: as long as 1.4512 is support look for 1.4649
1.4512 is our pivot point.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 1.4553 and 1.4545).
Alternative scenario:
below 1.4512, expect 1.4460 and 1.4430.
Our preference:
as long as 1.4512 is support look for 1.4649.
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