1,6077. EUR CAD is in an uptrend supported by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. The uptrend should continue to gather momentum. The target is expected at 1,6250 (173 pips).
Resistances
1,6090 - 1,6200
Supports
1,6030 - 1,5965

tags: Forex, eurcad
author: Arnaud Jeulin
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