1,5383. EUR CAD broke 1,5430 support. EUR CAD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,5360. The consolidation should continue. If the support is broken then the target will be 1,5100 (280 pips). We won't take a position. The risk/reward ratio is too high to take a position..
1,5430 - 1,5450
1,5360 - 1,5310