1,5945. EUR CAD broke 1,5885 resistance. EUR CAD is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,5885 (60 pips). The uptrend should continue on 1,6150 resistance (205 pips).
- 1,6015 - 1,6060
- 1,5885 - 1,5800