1,6188. EUR CAD is in an uptrend supported by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 1H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. The price should find a resistance below 1,6250 (62 pips). The consolidation should continue.
Resistances
1,6250 - 1,6280
Supports
1,6100 - 1,6020

tags: Forex, eurcad
author: Arnaud Jeulin
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