1,5467. EUR CAD is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are parallel and form the trend. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CAD. The price should find a support above 1,5435 (32 pips). If the support breaks then the target will be 1,5370 (97 pips).
Resistances
1,5495 - 1,5560
Supports
1,5435 - 1,5370

tags: Forex, eurcad
author: Arnaud Jeulin
Mataf.net offers technical analysis, forex news and currency converter.