/ 

Dec 19

TECHNICAL ANALYSIS BY NSFX 19.12.2014

By:Nati

High:  Low: 

Breaking out of the downward trend channel last week we have seen EURCAD break through the 1.4450 resistance level, the 1.4635 level tested Tuesday before some possible profit taking occurred. Bearish sentiment took over and we could see 1.4200 as an area of support this session coinciding with the 100 day SMA.

R3
R2
R1
S1
S2
S3