1,5088. 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 is high. Bollinger bands are deviated. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. 4H ForexSto (Modified Stochastic) crosses and gives a positive signal. The consolidation should continue. The price should continue to move in 1,4900 / 1,5200 range. We won't take a position. The risk/reward ratio is too high to take a position..
1,5140 - 1,5200
1,5050 - 1,4975