Lack of economic data from Canada makes the cross mostly depends on the single European currency. The Greece saga affected the price at yesterday's session. The cross managed to hold the 100Dema yesterday. Today the same level supports bulls during the Asian session. The support levels are found at 1.3735, 1.3700, and 1.3610. Safe selling is available below 1.3700 towards 1.3650 and 1.3610. Intraday resistance is seen at 1.3815, 1.3870, and 1.3890. Risky buying is seen above 1.3820 towards 1.3840 and 1.3860. Strong bullish momentum is expected above 1.3890 towards 1.3950, 1.3970, and 1.4000.
Based on the above data, multiple trading view is preferable for today's session.
1: Buying with sl 1.3700
2: Selling below 1.3700
3: Buying above 1.3890
For detail explanation and best discovery on daily market trends and news you may visit via Technical analysis of EUR/CAD for june 24, 2015 . Thanks for your support.
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