1,5520. EUR CAD is in a range between 1,5480 and 1,5675. 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 1,5400 / 1,5600 range. We won't take a position. The risk/reward ratio is too high to take a position..
1,5560 - 1,5640
1,5500 - 1,5400