Wed, 30 Sep 2015 05:56:05 GMT
EUR/CAD 4H Chart: Channel Up
While the short-term bias is bearish, as the pair is expected to bounce off of resistance at 1.5150, according to graphical analysis and technical indicators the Euro is likely to outperform the Loonie in the longer-term perspective. However, a rebound may start not at 1.48, where we have the lower boundary of the recently established pattern, but a little sooner,