1,5546. EUR CAD is in an uptrend supported by 1H exponential moving averages. The volatility is high. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,5660 (114 pips). The price should consolidate. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 1,5660 - 1,5800
- Supports
- 1,5500 - 1,5340