1,6217. EUR CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CAD. The price should continue to move in 1,6120 / 1,6300 range.
Resistances
1,6250 - 1,6330
Supports
1,6200 - 1,6130

tags: Forex, eurcad
author: Arnaud Jeulin
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