1,5411. EUR CAD broke 1,5450 support. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CAD. The price should find a resistance below 1,5480 (69 pips). The downtrend should continue on 1,5320 support (91 pips).
Resistances
1,5495 - 1,5560
Supports
1,5400 - 1,5370

tags: Forex, eurcad
author: Arnaud Jeulin
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