1,5092. 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 (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,5050. The uptrend should continue to gather momentum. We won't take a position. The risk/reward ratio is too high to take a position..
1,5120 - 1,5190
1,5050 - 1,4970