1,5513. EUR CAD is in an downtrend directed by 1H exponential moving averages. EUR CAD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,5440 (73 pips). The consolidation should continue. The price should continue to move in Bollinger bands.
- 1,5590 - 1,5660
- 1,5490 - 1,5450