1,6099. EUR CAD is in an uptrend supported by 1H exponential moving averages. EUR CAD is in a consolidation after the last bullish movement. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. daily ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. The consolidation should continue. The price should find a support above 1,6060 (39 pips).
Resistances
1,6135 - 1,6250
Supports
1,6020 - 1,5840

tags: Forex, eurcad
author: Arnaud Jeulin
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