EURCAD Undecided after Pullback from 2-Year High

<p>EURCAD is currently trading between the 50-period simple moving average (SMA) and the lower Bollinger band under conditions of evaporated directional momentum. The consolidation of the price comes after a drop from the 2-year high of 1.5991. Backing this neutral view is the squeeze in the Bollinger bands and the convergence within the 50- and [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/283234-eurcad-undecided-after-pullback-from-2-year-high/">EURCAD Undecided after Pullback from 2-Year High</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>