| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Buy | Neutral |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
During last week's trading sessions, the common European currency edged higher by 1.18% against the Canadian Dollar. The currency pair tested the 1.5050 level on Friday.
All things being equal, the EUR/CAD exchange rate could continue to surge during the following trading sessions. The potential target for bulls would be near the 1.5200 area.
However, bullish traders are likely to encounter resistance at 1.5080 within this week's trading sessions.