1,5948. EUR CAD is in an uptrend supported by 1H exponential moving averages. EUR CAD is in a consolidation after the last bullish movement. The volatility is high. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 1,5900 / 1,6140 range. We won't take a position.
1,6035 - 1,6140
1,5940 - 1,5840