EURCAD Analysis on dated 10-5-2019


The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the eurcad pair is trading above both its 20 and 50 day moving average’s [Respectively at 1.51140 and 1.51140]

Type: Intraday analysis

⟱Recommendation: Sell/Sell limit @ 1.51450  Target: 80 pips