1,5883. EUR CAD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CAD. The price should find a support above 1,5800 (83 pips). The consolidation should continue.
Resistances
1,5905 - 1,5990
Supports
1,5805 - 1,5730

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