1,5607. EUR CAD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. The price should find a resistance below 1,5650. The price should consolidate. We won't take a position. The risk/reward ratio is too high to take a position..
1,5625 - 1,5650
1,5570 - 1,5520