1,6582. EUR CAD is in a consolidation after the last bearish movement. EUR CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue on 1,6450 support (132 pips).
- 1,6600 - 1,6750
- 1,6545 - 1,6450