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21 Feb 2014
EUR/CAD losing 1.53 handle on last hour
FXStreet (Guatemala) - The EUR/CAD has lost the 1.53 handle on the remaining desks in the FX space for this week.
CPI and December Retail Sale’s figures were todays catalysts for some interesting price action on the pair between 1.5350 and 1.5261 where the pair now trades in between and slightly offered. Canadian Core Consumer Price Index read 1.4% vs 1.3% consensus year on year and month on month read 0.2% vs 0.1% consensus, up on previous -0.4%.
EUR/CAD Levels
The 20 DMA is 1.5090, the 50 DMA is 1.4860 and the 200 DMA is 1.4120. RSI (14) reads 54.11. Supports are ascending from, 1.4905, 1.4995, 1.5005 and 1.5095. Spot is1.52921 while resistances are 1.5310, 1.5340 and 1.5400.
CPI and December Retail Sale’s figures were todays catalysts for some interesting price action on the pair between 1.5350 and 1.5261 where the pair now trades in between and slightly offered. Canadian Core Consumer Price Index read 1.4% vs 1.3% consensus year on year and month on month read 0.2% vs 0.1% consensus, up on previous -0.4%.
EUR/CAD Levels
The 20 DMA is 1.5090, the 50 DMA is 1.4860 and the 200 DMA is 1.4120. RSI (14) reads 54.11. Supports are ascending from, 1.4905, 1.4995, 1.5005 and 1.5095. Spot is1.52921 while resistances are 1.5310, 1.5340 and 1.5400.