1,6303. EUR CAD is in an uptrend supported by 1H exponential moving averages. EUR CAD is in a consolidation after the last bullish movement. The volatility is low. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,6300 (3 pips). The uptrend should continue to gather momentum.
- 1,6330 - 1,6380
- 1,6300 - 1,6250