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10 Sep 2013
EUR/CAD losses contained by support at 1.3700 region
FXstreet.com (Lisbon) - The EUR/CAD technical cross plunged Tuesday during the afternoon of European trading, bottoming out at the 1.3672 (session low), before staging a minor retracement.
In Canada, the lone daily release was Housing Starts s.a (YoY), which were reported at 180.3K in August, missing expectations of 189.0K.
EUR/CAD technical levels
The EUR/CAD still remains in dire straights, trading at 1.3691, or shedding -0.39% off its opening. In terms of the technical levels, the EUR/CAD is fortified by supportive means at 1.3694, ahead of 1.3642, and 1.3606, notes the Mataf.net analyst team.
In Canada, the lone daily release was Housing Starts s.a (YoY), which were reported at 180.3K in August, missing expectations of 189.0K.
EUR/CAD technical levels
The EUR/CAD still remains in dire straights, trading at 1.3691, or shedding -0.39% off its opening. In terms of the technical levels, the EUR/CAD is fortified by supportive means at 1.3694, ahead of 1.3642, and 1.3606, notes the Mataf.net analyst team.