1,4911. EUR CAD is in a range between 1,4900 and 1,5200. EUR CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CAD. The consolidation should continue. The price should find a support above 1,4900. If the support is broken then the target will be 1,4800 (110 pips).
1,4980 - 1,5050
1,4900 - 1,4830