1,5651. EUR CAD is in an downtrend directed by 1H exponential moving averages. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CAD. The price should find a resistance below 1,5690 (39 pips). The downtrend should continue on 1,5580 support (71 pips).
- 1,5680 - 1,5735
- 1,5610 - 1,5580