1,5591. EUR CAD is in a consolidation after the last bearish movement. EUR CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in 1,5420 / 1,5670 range.
- 1,5625 - 1,5670
- 1,5530 - 1,5420