1,5686. EUR CAD is in an downtrend directed by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CAD. The downtrend should continue to gather momentum.
Resistances
1,5735 - 1,5820
Supports
1,5665 - 1,5630

tags: Forex, eurcad
author: Arnaud Jeulin
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