1,5840. EUR CAD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should find a resistance below 1,5925 (85 pips). If the resistance breaks then the target will be 1,6060 (220 pips).
- 1,5925 - 1,6060
- 1,5815 - 1,5770