indicators:
Bollinger bands
Stochastic Indicator
With the euro QE program in place, i am very reluctant to place any bets on the euro. I see the EURCAD pair getting as low as 1.3700.
This was the situation of the pair, before the euro regained some ground and got as high as 1.45
I am expecting the euro to continue its losses
and finally break the support formed at 1.38
Bollinger bands
Stochastic Indicator
With the euro QE program in place, i am very reluctant to place any bets on the euro. I see the EURCAD pair getting as low as 1.3700.
This was the situation of the pair, before the euro regained some ground and got as high as 1.45
I am expecting the euro to continue its losses
and finally break the support formed at 1.38