1,5351. 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. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. The price should find a support above 1,5320. The uptrend should continue to gather momentum. The target is expected at 1,5500.
- 1,5430 - 1,5500
- 1,5320 - 1,5250