1,6062. EUR CAD is in an uptrend supported by 4H exponential moving averages. EUR CAD is in a consolidation after the last bullish movement. The volatility is high. Oscillators are neutral. The consolidation should continue. The price should continue to move in 1,6000 / 1,6230 range. We won't take a position. The risk/reward ratio is too high to take a position..
1,6145 - 1,6200
1,6040 - 1,6000

Arnaud Jeulin