1,5270. EUR CAD is in an downtrend directed by 4H exponential moving averages. EUR CAD is in a consolidation after the last bearish movement. The volatility rises. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,5200 (70 pips). The consolidation should continue.
Resistances
1,5310 - 1,5400
Supports
1,5270 - 1,5190

tags: Forex, eurcad
author: Arnaud Jeulin
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