1,5460. EUR CAD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CAD. The price should find a resistance below 1,5495 (35 pips). The downtrend should continue to gather momentum.
- 1,5495 - 1,5560
- 1,5400 - 1,5315