1,5011. EUR CAD broke 1,5050 support. EUR CAD is in an uptrend supported by 4H exponential moving averages. EUR CAD is in a consolidation after the last bullish movement. The volatility rises. Bollinger bands are deviated. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CAD. The price should find a support above 1,4950. The consolidation should continue. If the support is broken then the target will be 1,4790. We won't take a position. The risk/reward ratio is too high to take a position..
1,5050 - 1,5190
1,4990 - 1,4790