Published at 13:01 (GMT) 27 Aug

EURCAD

27 Aug EUR/CAD Daily
12::55 GMT - Mkt. has broken to a new low for the year -to 1.4356 so far. Indicators are at extremes but we will probably see a bit more weakness till nearer month end before decent recovery attempt. 1.4330 is potential sup. followed by the 1.42 area. Initial res. is at recent lows at 1.4411/25.N.I.

R5: 1.4626 15 Aug high
R4: 1.4580/90 intraday level
R3: 1.4562/8 * Thurs/Fri highs
R2: 1.4500/20 intraday level
R1: 1.4411/25 recent lows
S1: 1.4356 today low
S2: 1.4330 25 Nov high
S3: 1.4200 * 20 Nov high
S4: 1.4127 23 Aug high

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