1,5578. EUR CAD is in an downtrend directed by 1H exponential moving averages. EUR CAD is in a consolidation after the last bearish movement. The volatility decreases. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. The consolidation should continue. The price should continue to move in 1,5480 / 1,5585 range.
- 1,5585 - 1,5835
- 1,5480 - 1,5450