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2 Jun 2015
EUR/CAD heading bullish? – EW-Forecast
FXStreet (Barcelona) - Gregor Horvat of EW-Forecast, sees bullish potential for EUR/CAD, with the single currency looking strong against the Canadian Dollar.
Key Quotes
“EUR is up across the board on possible Greece deal this week and on better than expected CPI numbers.”
“…we have a chart of EURCAD which is now already above the neckline, but we still need to wait on a daily close price today, to confirm end of a bullish head and shoulders. A close above 1.3850 would put more bulls in play for the coming days.”
Key Quotes
“EUR is up across the board on possible Greece deal this week and on better than expected CPI numbers.”
“…we have a chart of EURCAD which is now already above the neckline, but we still need to wait on a daily close price today, to confirm end of a bullish head and shoulders. A close above 1.3850 would put more bulls in play for the coming days.”