1,6047. EUR CAD is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. 1H ForexSto (Modified Stochastic) crosses and gives a negative signal. The price should consolidate. The price should continue to move in 1,6000 / 1,6100 range. We won't take a position.
1,6100 - 1,6170
1,6000 - 1,5900