1,5378. 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 is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,5410 (32 pips). The consolidation should continue.
Resistances
1,5410 - 1,5485
Supports
1,5330 - 1,5270

tags: Forex, eurcad
author: Arnaud Jeulin
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