EUR/CAD : Critical Point 1.2420

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Hong Kong Qindex 04:21 GMT January 9, 2011
EUR/CAD : Critical Point 1.2420 : Reply
EURCAD
Entry: Target: Stop:

EUR/CAD : Critical Point 1.2420

Last week the market hit the low and high at 1.2792 and 1.3350 respectively. EUR/CAD closed at 1.2808. As shown in the session for position traders the "Monthly Cycle Reference / Normal Lower Limits" indicates that the market is heading towards 1.2420.

EUR/CAD : Monthly Cycle Charts
http://www.qindex.com/eur-cad.html

EUR/CAD : Monthly Cycle Charts

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