1,6383. 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 decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,6450 (67 pips). The downtrend should continue on 1,6230 support (153 pips).
Resistances
1,6430 - 1,6490
Supports
1,6345 - 1,6230