1,5491. EUR CAD is in a range between 1,5430 and 1,5600. EUR CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,5400. The price should continue to move in Bollinger bands. We won't take a position. The risk/reward ratio is too high to take a position..
1,5500 - 1,5600
1,5430 - 1,5400