1,5787. EUR CAD broke 1,5720 resistance. The volatility decreases. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. The uptrend should continue on 1,5825 resistance (38 pips).
Resistances
1,5800 - 1,5825
Supports
1,5720 - 1,5600

tags: Forex, eurcad
author: Arnaud Jeulin
Mataf.net offers technical analysis, forex news and currency converter.