1,5782. EUR CAD is in an uptrend supported by 4H exponential moving averages. EUR CAD is in a consolidation after the last bullish movement. EUR CAD is in a range between 1,5650 and 1,5860. The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,5650. The uptrend should continue to gather momentum. The target is expected at 1,6000.
1,5850 - 1,5940
1,5735 - 1,5650

Arnaud Jeulin