1,5998. EUR CAD is in an downtrend directed by 1H exponential moving averages. EUR CAD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The price should consolidate. The price should continue to move in 1,5850 / 1,6150 range. We won't take a position.
1,6050 - 1,6150
1,5925 - 1,5760