Eur/cad

EUR/CAD intraday: as long as 1.4707 is resistance look for 1.4558
Our pivot point stands at 1.4707.
Comment:
the RSI is below its neutrality area at 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the pair stands below its 20 and 50 MAs (respectively at 1.4658 and 1.4668).
Alternative scenario:
above 1.4707, look for 1.4758 and 1.4789.
Our preference:
as long as 1.4707 is resistance look for 1.4558.