1,6202. EUR CAD is in a consolidation after the last bullish movement. EUR CAD is in a range between 1,5915 and 1,6400. EUR CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 1,5900 / 1,6400 range. We won't take a position.
1,6300 - 1,6400
1,6160 - 1,5915