1,4526. EUR CAD is in an downtrend directed by 4H 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 low. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CAD. The price should find a support above 1,4500. If the support is broken then the target will be 1,4400 (120 pips).
1,4550 - 1,4600
1,4500 - 1,4450