1,5993. EUR CAD is in an uptrend supported by 1H exponential moving averages. EUR CAD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,5925. The consolidation should continue. The price should continue to move in Bollinger bands. We won't take a position.
1,3635 - 1,6140
1,5940 - 1,5840