1,6017. EUR CAD is in a range between 1,5975 and 1,6190. EUR CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 1,5975 / 1,6190 range. If the support breaks then the target will be 1,5775 (242 pips).
- 1,6070 - 1,6190
- 1,5975 - 1,5775