EURCAD Below Moving Averages and Mid-Bollinger Band in Sideways Market

<p>EURCAD is currently stuck between the 200-period SMA of 1.5331 and the 1.5127 level, that being the 50.0% Fibonacci retracement of the up leg from the 34-month low of 1.4263 to the 2-year high of 1.5991. Observing the converged and flattened SMAs, they still promote a horizontal mode whilst the short-term oscillators lean towards a […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/293361-eurcad-below-moving-averages-and-mid-bollinger-band-in-sideways-market/">EURCAD Below Moving Averages and Mid-Bollinger Band in Sideways Market</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *