1,5437. EUR CAD is in a consolidation after the last bearish movement. EUR CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. The price should find a support above 1,5400 (37 pips). If the support breaks then the target will be 1,5320 (117 pips).
Resistances
1,5520 - 1,5645
Supports
1,5400 - 1,5320

tags: Forex, eurcad
author: Arnaud Jeulin
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