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Market Commentary and Intraday News
Euro Rises To 4-day High Against Canadian Dollar
205 days ago
(RTTNews) - The euro strengthened against its Canadian rival in early Asian deals Tuesday, rising to a 4-day high of 1.2931, up almost 10-pips from Monday's North American session closing value of 1.2922.
The EUR/CAD pair is trading well above its 20 and 30-day EMA crosses in the daily chart and RSI is staying in bullish territory. If the cross extends its advance, likely target level is seen around the 1.2960 level.
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