1,5779. EUR CAD is in an uptrend supported by 4H exponential moving averages. EUR CAD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,5720. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
1,5830 - 1,5920
1,5755 - 1,5720

Arnaud Jeulin