1,6874. EUR CAD is in an uptrend supported by 1H exponential moving averages. EUR CAD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,6790 (84 pips). The uptrend should continue to gather momentum.
- 1,6975 - 1,7080
- 1,6790 - 1,6710