1,5124. EUR CAD is in an uptrend supported by 1H exponential moving averages. EUR CAD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The consolidation should continue. The price should find a resistance below 1,5190. If the resistance is broken then the target will be 1,5250. We won't take a position.
1,5140 - 1,5190
1,5100 - 1,5050