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EurCad : 07/12/2017 Technical Analysis Report

7th December 2017 CFX Admin

Our Preference: Sell below 1.5120 for the target of  1.4970 and 1.4780 levels

Alternative Scenario: Nill

Technical Commentary: In Daily Chart :- Last week EurCad was failure to close above the previous high of resistance and we got closing below the key resistance of previous high and closed below the upper trend line, now its started to trading in the triangle pattern so we can sell near intraday resistance levels and except upto next key support levels:- which we have shown in attached image.


In Daily Chart :- Last week EurCad was failure to close above the previous high of resistance and we got closing below the key resistance of previous high and closed below the upper trend line, now its started to trading in the triangle pattern so we can sell near intraday resistance levels and except upto next key support levels:- which we have shown in attached image.



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