Thu, 25 Sep 2014 12:44:08 GMT
EUR/CAD 1H Chart: Channel Down
During last several hours, the Euro/Loonie currency pair has been trading sideways inside the bearish channel pattern. The pair recently bounced from the upper boundary, and its general trend supposed to be negative for the time being. We assume the single currency to resume depreciating after a short pause, as technical indicators on a short-term time-frame are pointing to the south. Moreover, they are also supported by daily studies. Market participants are holding