1,5774. EUR CAD is in a consolidation after the last bullish movement. EUR CAD is in a range between 1,5660 and 1,5830. EUR CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,5830 (56 pips).
Resistances
1,5780 - 1,5830
Supports
1,5735 - 1,5660

tags: Forex, eurcad
author: Arnaud Jeulin
Mataf.net offers technical analysis, forex news and currency converter.