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.
For comments and feedback: contact email@example.com
Copyright(c) 2012 RTTNews.com. All Rights Reserved