1,6523. 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 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. The price should find a resistance below 1,6570 (47 pips). The consolidation should continue. If the resistance breaks then the target will be 1,6650 (127 pips).
1,6570 - 1,6650
1,6475 - 1,6365