1,4574. EUR CAD is in an downtrend directed by 1H exponential moving averages. EUR CAD is in a consolidation after the last bearish movement. EUR CAD is in a range between 1,4500 and 1,4610. The volatility is high. Oscillators are neutral. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
1,4610 - 1,4670
1,4560 - 1,4500