1,6142. EUR CAD is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are flat. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,6250. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
1,6160 - 1,6250
1,6130 - 1,6050